Germany supported the creation of the euro for all of the following reasons EXCEPT:
A) the new European central bank would be located in Germany.
B) the new European central bank would be similar to the German central bank.
C) the new system had controls in place to maintain Germany's commitment to high inflation.
D) the euro would help reduce currency volatility in Europe.
E) other European countries were unlikely to support a Deutsche mark-based currency system.
Correct Answer:
Verified
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