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Author Question: Why did the Greek crisis threaten to spread to the rest of Europe? a. Because there were not any ... (Read 170 times)

bb

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on: Sep 4, 2018
Why did the Greek crisis threaten to spread to the rest of Europe?
 
  a. Because there were not any other states struggling with debt.
  b. Because of arbitrage and capital mobility
  c. Because of the International Monetary Fund.
  d. Because many banks that were owed monies by Greek businesses were headquartered in other Europeanstates

Question 2

Which of the following reasons does NOT explain Greece's difficulty in financing its debt?
 
  a. Greece's abandoning of the euro in exchange for the drachma
  b. The global recession
  c. Higher interest rates
  d. High levels of borrowing


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kaylee05

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Reply #1 on: Sep 4, 2018
Answer to Question 1

d

Answer to Question 2

a


bb

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Reply #2 on: Sep 4, 2018
Thank you!


kaylee05

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Reply #3 on: Sep 4, 2018
Always glad to help...


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