There is a revolution in a Latin American country. The new government repudiates billions of dollars of

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There is a revolution in a Latin American country. The new government repudiates billions of dollars of its predecessor's debt held by banks in the United States. How might the Fed react?
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Principles of Money Banking and Financial Markets

ISBN: 978-0321339195

12th edition

Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell

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