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3. Briefly discuss what issues did the Europe's Sovereign Debt Crisis of 2010 reveal. 4. Summarize the main benefits and costs of the European Monetary

3. Briefly discuss what issues did the Europe's Sovereign Debt Crisis of 2010 reveal. 4. Summarize the main benefits and costs of the European Monetary Union (EMU). 5. Provide two arguments in favor of the fixed exchange rate regime and two arguments against the fixed exchange rate regime

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