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Article 123 of the Treaty on the Functioning of the European

Question 3

Multiple Choice

Article 123 of the Treaty on the functioning of the European Union stated that the


A) European Union would bailout any member country in distress.
B) member countries had to maintain a deficit to GDP ratio of 4 percent.
C) European Central Bank could not purchase member nation debt.
D) member countries had to keep a fixed gold deposit with the European Central Bank.

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