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Argentina used a currency board to maintain its peso on a par with the U.S. dollar. However, in January 2002 the peso collapsed. Which of

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Argentina used a currency board to maintain its peso on a par with the U.S. dollar. However, in January 2002 the peso collapsed. Which of the following BOP changes signaled this sudden event to agents in the foreign exchange rate market? Argentina had a large positive current account Argentina's was depleting its foreign reserve Argentina was in a recession Argentina had a large positive financial account All of the answers are correct

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