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    Economics Principles and Policy Study Set 1
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    Exam 36: The International Monetary System: Order or Disorder
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    Higher Interest Rates in Iceland and the Baltic States in 2008-2009
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Higher Interest Rates in Iceland and the Baltic States in 2008-2009

Question 86

Question 86

True/False

Higher interest rates in Iceland and the Baltic states in 2008-2009 were necessary to protect the value of their currencies against capital flight.

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