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8. To minimize the problem of moral hazard, bank regulators sought ways under _________ to establish...

8. To minimize the problem of moral hazard, bank regulators sought ways under _________

to establish supervision and regulation standards for internationally active banks:

A) the Basel Capital Accord

B) the Louvre Accord

C) the Yokohama Declaration

D) the Cairo Declaration

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Answer #1

"A"'

It was the Basel capital accord which set the capital adequacy ratio and other regulation for the banks to overcome moral hazard.

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