Question: What can we learn about economic development and political risk
What can we learn about economic development and political risk from the contrasting experiences of East and West Germany; North and South Korea; and China and Taiwan, Hong Kong, and Singapore?
Answer to relevant QuestionsWhat role do property rights and the price system play in national development and economic efficiency?Comment on the following statement discussing Mexico’s recent privatization: ‘‘Mexican state companies are owned in the name of the people but are run and now privatized to benefit Mexico’s ruling class.’’Suppose Credit Suisse quotes spot and 90-day forward rates on the Swiss franc of $0.7957–60, 8–13.a. What are the outright 90-day forward rates that Credit Suisse is quoting?b. What is the forward discount or premium ...A forward market already existed, so why was it necessary to establish currency futures and currency options contracts?What is an interest rate swap? What is the difference between a basis swap and a coupon swap?
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