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16. What is one potential benefit to a foreign country of pegging its currency to US dollar? What is one potential cost? 17. Cite three
16. What is one potential benefit to a foreign country of pegging its currency to US dollar? What is one potential cost?
17. Cite three major financial (payment) services provided by the Federal Reserve System. 5G. 78%
18. Provide two distinct reasons why the Japanese yen has been depreciating against the US dollar in recent months.
19. What core tenant of the Glass Steagall Act was repealed in 1999 and why?
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