As explained by Wade, capital flows connected to shifts in macroeconomic and financial conditions in the major industrial economies will bring about what negative consequence?
a. amplified boom and bust cycles
b. greater rates of bank insolvency
c. less transparency in true bank asset values
d. reduced ability of shareholders to know the true value of their assets
e. reduced capability by banks to raise new capital at high cost or reduce lending to remain solvent
Answer: a
Political Science
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Fill in the blank(s) with correct word
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