Brazil's 1999 crisis was relatively short lived because
A) Brazil's financial institutions had avoided borrowing all together.
B) Brazil's financial institutions had avoided heavy borrowing in local currency.
C) Brazil's financial institutions had avoided heavy borrowing in dollars.
D) Brazil's financial institutions had extended low-interest loans.
E) Brazil's financial institutions had extended high-interest loans.
C
You might also like to view...
One study found that unemployment is the economic term mentioned most often in U.S. newspapers
a. True b. False Indicate whether the statement is true or false
Which of the following policies has succeeded in reducing fishery catch sizes?
A. Limiting the length of the catch season. B. Limiting the number of boats allowed in a given area. C. Limiting catch size (TAC). D. All of these.