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Write a review of the article, "Clearing, Counterparty Risk, and Aggregate Risk." The article is located in the KU Library. 

In your own words explain the key points that the author was trying to communicate. Your review should be at least two pages not counting the title or reference pages. 

Citation 

Biais, B., Heider, F., & Hoerova, M. (2012). Clearing, counterparty risk, and aggregate risk. IMF Economic Review, 60(2), 193-222. 

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