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Which of the Following Was True of Countries Willing to Join

Question 15

Multiple Choice

Which of the following was true of countries willing to join the euro?


A) The countries had to give up the ability to use monetary policy as individual countries.
B) The countries had to maintain a debt to GDP ratio of more than 60 percent.
C) The countries had to lose the eligibility to participate in foreign trade.
D) The countries had to maintain bank balances in their home currencies.

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