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Question: Explain the causes of the global financial and economic crisis that started in the U.S. in 2007. What effect did it have on the global economy? How did the global economy recover? What kind of fiscal and monetary policies were implemented? What are the challenges that remain for the global economy?
Your well-written paper should meet the following requirements:
• 4-6 pages in length
• Support your analysis by referencing and citing at least three scholarly sources in addition to embedding course material concepts and principles
Chapter 9: The International Monetary and Financial Environment
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