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Which of the Following Is True of the Greek Bailout

Question 8

Multiple Choice

Which of the following is true of the Greek bailout in 2010?


A) The exposure of foreign banks and other institutions was the smallest in France, Germany, Britain, the Netherlands, Italy, and Belgium.
B) The European Central Bank (ECB) joined with the International Monetary Fund (IMF) to offer $1 trillion in loan guarantees to Europe's banks.
C) The private- and public-sector banks and other institutions of Europe and the United States lent money only to one another.
D) The U.S. dollar fell dramatically, and the euro became a safe haven.

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