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    Applied International Economics
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    Exam 20: Capital Flows and the Developing Countries
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    Explain How the IMF May Have Created a Moral Hazard
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Explain How the IMF May Have Created a Moral Hazard

Question 60

Question 60

Essay

Explain how the IMF may have created a moral hazard problem in international lending by commercial banks.

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The IMF may have created a moral hazard ...

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