Initial conditions in the year before the crisis in Thailand Indonesia Malaysia the Philippines and Korea in 1997 indicate that ?_x005F_x000D_i. capital inflows/GDP were very low_x005F_x000D_ii. Nonperforming bank loan ratios were high_x005F_x000D_iii. current account deficits were high_x005F_x000D_iv. credit growth was fast

Initial conditions in the year before the crisis in Thailand Indonesia

1.	Initial conditions in the year before the crisis in Thailand Indonesia Malaysia the Philippines and Korea in 1997 indicate that ?_x005F_x000D_i. capital inflows/GDP were very low_x005F_x000D_ii. Nonperforming bank loan ratios were high_x005F_x000D_iii. current account deficits were high_x005F_x000D_iv. credit growth was fast
A.	I and IV only
B.	II and III only
C.	I, II and III only
D.	II, III and IV only
Answer» E.