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During the 1970s,the European Union,in Its Quest for Monetary Union,adopted

Question 17

Multiple Choice
During the 1970s,the European Union,in its quest for monetary union,adopted what came to be referred to as the "Community Snake." This device was a:
A) Adjustable pegged exchange rate system
B) Dual exchange rate system
C) Jointly floating exchange rate system
D) Freely floating exchange rate system

During the 1970s,the European Union,in its quest for monetary union,adopted what came to be referred to as the "Community Snake." This device was a:


A) Adjustable pegged exchange rate system
B) Dual exchange rate system
C) Jointly floating exchange rate system
D) Freely floating exchange rate system

Correct Answer:

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