1. What contributed to the recent economic slowdown?
A.) Risks taken by banks B.) Liquidity in the financial markets C.) Reckless lending D.) All of the above
2. What remedies were enacted after the crash of 1929?
A.) FDIC was enacted B.) Banks were forbidden to underwrite securities C.) SEC was enacted D.) All of the above
3. Country risk is
A.) When a country is being attacked by an enemy B.) When country is experiencing a negative trade balance C.) When a country is experiencing a negative net factor payment D.) When a country cannot honor its financial commitment