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According to our discussion in class, and specifically the example of UK leaving the eurozone project, the major downside all pegging your currency to another

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According to our discussion in class, and specifically the example of UK leaving the eurozone project, the major downside all pegging your currency to another is Giving up independent monetary policy None of the listed, there are no downsides to pegging currencies National pride Giving up independent fiscal policy International Monetary Fund sanctions O Volatility in exchange rates

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