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How has the European Central Bank influenced the growth of trade?

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Economics

How has the European Central Bank influenced the growth oftrade?

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The European Central Bank literally sells government securities to big financial firms when the interest rate is risen In turn these securities are paid in Euros by the financial organizations This efficiently reduces the quantity of currency in the economy that circulates A decreasing supply results in higher demand and thus leads to an appreciation of the value of the    See Answer
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