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  • [主观题] 【翻译】Financial stress brought on by excessive debt in the household and corporate sectors was an example of another kind of structural problem,in particular for the economies of Japan and the United States.Financial institutions in these two countries adopted more conservative lending policies,curtailing financing of higher-risk projects such as commercial construction and highly leveraged corporate transaction.A number of weaker institutions were also consolicated through bankruptcy,merger and reorganization.

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