This topic contains a solution. Click here to go to the answer

Author Question: What lessons from Latin American capital-market crises might have been useful to prevent, or at ... (Read 112 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
What lessons from Latin American capital-market crises might have been useful to prevent, or at least minimize, the East Asian crisis?
 
  What will be an ideal response?

Question 2

Which of the following is a correct description of Libor?
 
  A) an average interest rate from sixteen large banks are paying to borrow funds from other large banks.
  B) an interest rate calculated by the British Banker's Association every day at 11 a.m. London time
  C) an interest rate tied to corporate and mortgage loan contracts valuing roughly 400 trillion
  D) all of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

Lessons might have included the need for strong prudential regulation of financial institutions, more flexible exchange rate arrangements, and stricter conditions on the borrowing of favored enterprises.

Answer to Question 2

D





 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library