Unit 1 Article SummaryWrite a review of the article, “Clearing, Counterparty Risk, and Aggregate Ris

Unit 1 Article SummaryWrite a review of the article, “Clearing, Counterparty Risk, and Aggregate Risk.” In your own words explain the key points that the author was trying to communicate. Your review should be at least two pages not counting the title or reference pages.CitationBiais, B., Heider, F., & Hoerova, M. (2012). Clearing, counterparty risk, and aggregate risk. IMF Economic Review, 60(2), 193-222.1 Assignment TitleStudent NameCourse NameInstructor NameDate 2Clearing, Counterparty Risk, and Aggregate RiskCounterparty risk is the risk that is being faced by all in the world of business….

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