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    Exam 37: Common Currency Areas and European Monetary Union
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    Eurozone Countries in Breach of the Excessive Deficit Criterion Could
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Eurozone Countries in Breach of the Excessive Deficit Criterion Could

Question 36

Question 36

True/False

Eurozone countries in breach of the excessive deficit criterion could be subject to a fine of up to 1% of their GDP under the Stability and Growth Pact.

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