A ______________ of different countries is a commitment to permanently ______ exchange rates.
A) monetary union, variable
B) cartel, fixed
C) monetary union, fixed
D) cartel, variable

Question

Quizplus · Accepted Answer

A monetary union of different countries is a commitment to permanently fix exchange rates. This involves countries agreeing to use a single currency or closely align their currencies, eliminating fluctuation between them.

A ______________ of Different Countries Is a Commitment to Permanently