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    Exam 26: Financial Crises in Emerging Market Economies
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    At the Time of the South Korean Financial Crisis,the Merchant
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At the Time of the South Korean Financial Crisis,the Merchant

Question 9

Question 9

Multiple Choice

At the time of the South Korean financial crisis,the merchant banks were


A) almost virtually unregulated.
B) subject to heavy government regulation.
C) engaged in long-term lending to the corporate sector.
D) restricted to long-term foreign borrowing.

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