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In 1999, Following the Failure of a $40 Billion IMF

Question 80

Multiple Choice

In 1999, following the failure of a $40 billion IMF stabilization plan, Brazil


A) was forced to revalue the Real.
B) experienced an economic boom.
C) was forced to devalue the Real.
D) saw its currency become overvalued.
E) received another loan from the IMF worth $86 billion.

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