Homework Clinic
Social Science Clinic => Economics => Macroeconomics => Topic started by: Sportsfan2111 on Jan 2, 2020
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Recent bank failures in Canada were primarily due to the banks
◦ lending mostly to U.S. customers.
◦ lending mostly to firms in the developing nations.
◦ facing a severe economy recession in Canada.
◦ lending practices exposing the banks to local shocks within the economy.
◦ historically low interest rates.
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lending practices exposing the banks to local shocks within the economy.