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In 1991,Argentina Decided to Peg Its Currency (The Argentinean Peso)to

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In 1991,Argentina decided to peg its currency (the Argentinean peso)to the U.S.dollar.Most of Argentina's trading,however,was with Brazil and Europe,not the United States.What result would pegging the Argentinean peso to the U.S.dollar have on the cost of imports from and exports to Brazil and Europe?


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