After continuing crises in 1993,the EMS countries
A)agreed to entirely abandon the system.
B)stood firm, refusing to adjust central parities.
C)narrowed the band of allowable fluctuations around central parities.
D)removed France from its leading role in the system.
E) widened the band of allowable fluctuations around central parities.

Question

Quizplus · Accepted Answer

In response to the crises in 1993, the European Monetary System (EMS) countries decided to widen the band of allowable fluctuations around central parities to reduce the pressure on currencies and provide more flexibility within the system.

After Continuing Crises in 1993,the EMS Countries