What were the causes of the 2010-2012 sovereign debt crisis in the EU? What does this crisis tell us about the weaknesses of the euro? Do you think the euro will survive the debt crisis.
Why do free trade areas develop rules of origin? What would happen if rules of origin were removed?
This is when a country is unable to pay its bills. But this doesn’t happen overnight as there are plenty of warning signs. It becomes a crisis when the country’s leaders ignore these indicators for political reasons.
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