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Previously the rule of thumb was that if a country has

Previously, the rule of thumb was that if a country has foreign exchange reserves sufficient to cover 3 months of imports, it was in good shape. Why is this no longer the case and why is this not the case for Thailand with reserves worth $38 billion in the spring of 1997?

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Business Management: Previously the rule of thumb was that if a country has

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Business Management: Previously the rule of thumb was that if a country has

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