List and explain 3 major channels through which developing countries have financed their external deficits.
What will be an ideal response?
Question 2
Banks in the U.S.
A) are prevented from holding assets that are too risky.
B) are not prevented from holding assets that are too risky.
C) are encouraged not to hold assets that are too risky.
D) are not encouraged not to hold assets that are too risky.
E) are encouraged to lend to a single private customer.
