Explain a crisis in trade and finance-banking


Assignment:

Business Cycle

We have studied the business cycles. According to all the theories we have covered, the purpose of this second assignment is to help you better understand theory and practice. We have covered the studies of a number of economists.

Please explain one factor that can be responsible for a crisis in trade and a crisis in finance/banking.

Readings:

Business Cycle Economics

By Todd A. Knoop

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Microeconomics: Explain a crisis in trade and finance-banking
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