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Why did many European countries face difficult currency decisions in 1991 and 1992? Correct Answer(s) Drag appropriate answer(s) here They wanted to remove their currency

Why did many European countries face difficult currency decisions in 1991 and 1992? Correct Answer(s) Drag appropriate answer(s) here They wanted to remove their currency from its ties to the gold standard, but the United States would not allow them to. Press Space to open They had large government debts they could no longer afford to pay off. Press Space to open They had pegged their currency to the German Deutschmark, and Germany was engaging in rapid interest rate increases. Press Space to open They were suffering from internal political violence that made investors hesitant to invest in their currencies. Press Space to open Incorrect Answer(s) Drag appropriate answer(s) here

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