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The Major Factor Contributing to the Depreciation of the Euro

Question 61

Multiple Choice

The major factor contributing to the depreciation of the Euro in 1999 and 2000 was:


A) low interest rates in the U.S. relative to Europe.
B) high interest rates in the U.S. relative to Europe.
C) trade barriers in Europe.
D) none of the above.

Correct Answer:

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