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Question
Argentina was allowed to break from the CET and raise duties on consumer goods. This crisis had a silver lining, which is evident from all of the following points except:A) Argentina's wine exports to the United States were worth four times more when dollar revenues were converted into pesos.
B) Argentina became known for the world's most expensive wines.
C) the currency devaluation made Argentine vineyard property cheaper for foreign buyers.
D) low prices for land, inexpensive labor, and ideal growing conditions for the Malbec grape have combined to make Argentina's wine industry a major player in world markets.
E) Argentina can make better wine locally for less money than anywhere in the world.
Answer
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