Problem
1. What is the Basel Accord? What problems was it intended to solve or at least ease?
2. If you were going to forecast the dollar/sterling exchange rate, how would you do it? Might you expect to have better results in predicting the dollar/Brazilian real exchange rate? Why?
3. In what ways is the Asian debt crisis similar to, and different from, the difficulties which Latin America experienced in the early 1980s?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.