In the Financial Crisis of 2007, There Was Cheap Money

question 71

Multiple Choice

In the financial crisis of 2007, there was cheap money coming from emerging markets. Examples of emerging markets are all of the following EXCEPT ____.

• A) South Korea
• B) Australia
• C) India
• D) China

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Definitions:

Confederation

An organization or alliance of groups united in a common purpose, often used in the context of labor to describe unions coming together for mutual benefit.

Opponent

an individual or group that opposes or competes against another in a conflict, competition, or debate.

Irish system

A reference to various aspects of Ireland’s policies or practices in a specific context, requiring clarification for a precise definition.

Labor relations

The management of relationships between employers and employees, including negotiations over wages, working conditions, and other aspects of work and employment.