b) What are the major differences between direct financing and indirect financing (5 marks) a) What are the basic functions of a financial system Why is financial system important for improving economic welfare and promoting economic growth 20 marks) c) What is the impossibility trinity in foreign...

aA financial system functions as an intermediary and facilitates the flow of funds from the areas of ...

b) What are the major differences between direct financing and indirect financing? (5 marks) a) What...

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queston 1 (20 marks) What is the impossibility trinity in foreign exchange markets? Discuss with reference to the foreign exc

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b) What are the major differences between direct financing and indirect financing? (5 marks) a) What...

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