A. Recently, the president of European Central Bank (ECB), Mr Mario Draghi, announced that he is thinking of applying Quantitative Easing (QE) within the Eurozone. Assume that you are a member of the ECB board of governors.
1) In your view, what could be the reasons behind this decision? (30 marks)
2) What are the potential advantages and disadvantages of QE? Discuss critically.
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