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Author Question: The main function of the 1997 Stability and Growth Pact (SGP) was to A) exclude a highly indebted ... (Read 47 times)

lak

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on: Jun 30, 2018
The main function of the 1997 Stability and Growth Pact (SGP) was to
 
  A) exclude a highly indebted EMU country
  B) enhance cooperation between France and Germany.
  C) make the Euro a weak currency.
  D) distribute the Euro banknote among European central banks and to create a timetable for the imposition of financial penalties on countries that fail to correct situations of excessive deficits and debt promptly enough.
  E) determine specialized penalties for each member nation.

Question 2

One should expect the forward exchange market to flourish
 
  A) under a fixed exchange rate regime.
  B) under a flexible exchange rate regime.
  C) under neither fixed nor flexible exchange rate regimes.
  D) under both fixed and flexible exchange rate regimes.
  E) only under a gold standard.


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nanny

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


lak

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Reply 2 on: Jun 30, 2018
:D TYSM

carlsona147

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Reply 3 on: Yesterday
Excellent

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