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The following figure shows growth rates of international reserves from 1963 to 2015

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The following figure shows growth rates of international reserves from 1963 to 2015. Briefly describe what the figure implies. (10 points) Percent per year 30 25 Developing countries 20 15 All countries 10 5 Industrial countries 0 1963–1972 1973–1982 1983–1992 1993-2002 2003–2007 2008 2009 2010 2011 2012-2015