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Which of the following is NOT a required convergence criteria to become a full member of the Europea

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Which of the following is NOT a required convergence criteria to become a full member of the Europea

Which of the following is NOT a required convergence criteria to become a full member of the European Economic and Monetary Union (EMU)?
A) The fiscal deficit should be no more than 3% of GDP.
B) Nominal inflation should be no more than 1.5% above the average inflation rate for the three members with the lowest inflation rates in the previous year.
C) Government debt should be no more than 60% of GDP.
D) National birthrates must be at 2.0 or lower per person.

Textbook

Fundamentals of Multinational Finance

Edition: 5^th

Authors: Moffet, Stonehill, Eiteman

Read 220 times

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boland Author

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You're amazing, seriously

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You're welcome Wink Face

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