题目内容
The BP schedule is an upward-sloping line, because higher levels of income worsen the current account:
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The global crisis which began in 2007, is partly the result of overlending and overborrowing.
Improvements in bank supervision and regulation in developing countries can be expected to reduce the frequency of financial crises.
The rescue activities of the IMF create moral hazard.
Small open economies are probably more vulnerable to contagion than large and relatively closed economies.
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