Explain the causes of the global financial and economic crisis that started in the U.S. in 2007. What effect did it have on the global economy? How did the global economy recover? What kind of fiscal and monetary policies were implemented? What are the challenges that remain for the global economy?

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International Monetary and Financial Environments Introduction The great financial crisis also commonly referred to as the financial crisis of 2007 is one of the most serious financial crisis since th... View the full answer