Unformatted text preview: D. all of the above. 84. The Asian Currency Crisis A. happened just prior to the Mexican peso crisis. B. turned out to be far more serious than the Mexican peso crisis in terms of the extent of contagion. C. was limited to Asian currencies. D. was almost over before anyone outside the pacific rim noticed. 85. Generally speaking, liberalization of financial markets when combined with a weak, underdeveloped domestic financial system tends to A. strengthen the domestic financial system in the short run. B. create an environment susceptible to currency and financial crises. C. raise interest rates and lead to domestic recession. D. none of the above...
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This note was uploaded on 11/09/2011 for the course FIN IFMG201 taught by Professor Eun during the Spring '11 term at Michigan Flint.
- Spring '11