Question

The failure of the Argentinean currency board can be attributed to many factors, including the:
A. failure right from the start to lower inflation.
B. pegging of the Argentine peso to the euro.
C. pegging of the Argentine peso to the U.S. dollar, even though the countries' economies were not that highly integrated.
D. prices of goods Argentine exported dropped significantly in the late 1990s hurting their economy.

Answer

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