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Question 4 Using the first generation model of currency crisis, describe the impact of i)...

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Question 4 Using the first generation model of currency crisis, describe the impact of i) a high initial level of FX reserves and ii) a larger fiscal deficit on the timing of a speculative attack. Question 4 Using the first generation model of currency crisis, describe the impact of i) a high initial level of FX reserves and ii) a larger fiscal deficit on the timing of a speculative attack

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