Each country has its own currency through which it expresses the value of its products.
Correct Answer:
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Q63: The adoption of the euro in the
Q64: The U.S.trade deficit has pushed the value
Q65: Special Drawing Rights (SDRs) are special account
Q66: The Bretton Woods conference recommended that a
Q67: In January 1999, _ European countries surrendered
Q69: The IMF does not promote exchange stability
Q70: The European Monetary System (EMS) was established
Q71: The Bretton Woods conference concluded that free
Q72: The European Central Bank is headquartered in:
A)Frankfurt.
B)Paris.
C)Rome.
D)Geneva.
E)London.
Q73: Because of its use in international commerce,
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