* IMF paper says crisis exit should err on side of caution

* Recovery fragile, chiefly based on state stimulus

* Currencies off agenda but Brazil faults Beijing FX policy

* Sweden: Coordinated econ policy must take account of forex

* For more stories see:

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By Sumeet Desai and Jan Strupczewski

ST ANDREWS, Scotland, Nov 6 (Reuters) - The International Monetary Fund warned global financial leaders on Friday not to repeat the mistakes of the Great Depression and choke off emergency support for their economies too quickly.