One solution proposed to help solve Argentinas weak financial position was that it should have abandoned the
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One solution proposed to help solve Argentina’s weak financial position was that it should have abandoned the peso altogether as its unit of currency, and replaced it with the US dollar. What advantages and drawbacks might such a solution have for the Argentinean economy both in the short and the long term?
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The advantages are that there would be much greater currency stability and a mo...View the full answer
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