Question: 2 . * While we often associate informal financial arrangements with poorer countries where financial systems are less developed, informal arrangements often coexist with even

2.* While we often associate informal financial arrangements with poorer countries where financial systems are less developed, informal arrangements often coexist with even the most developed financial systems. What advantages might there be to engaging in informal arrangements rather than utilizing the formal financial sector? (LOI)
2.* While we often associate informal financial arrangements with poorer countries

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