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Question 9 3 pts Which one of the following effects would most likely be caused by a government artificially holding its currency value down? O
Question 9 3 pts Which one of the following effects would most likely be caused by a government artificially holding its currency value down? O (A) The value of the nation's exports higher than otherwise would. O (B) Imports become cheaper. O (C)A growing trade deficit with other countries O (D) All of the above. Question 10 3 pts Greece government was in a huge financial mess after the 2008 Financial Crisis. The country had faced similar crisis more than once in recent history. However, it was not able to devaluate its currency to get out of the mess (like declaring bankruptcy) because: O (A) it is part of the European Union and is subject to fiscal and monetary rules of the EU. O (B) this time, the country was too big to fail. O (C) the Greek has a strong sense of morals and did not want to default on their obligations. (D) the Chinese government made them
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