The Monetary Criteria for a Nation to Join the European

Multiple Choice

The monetary criteria for a nation to join the European Union includes all of these EXCEPT

A) having no major currency devaluation in the preceding two years.
B) maintaining annual deficits of less than 3% of GDP.
C) maintaining an inflation rate no higher than 1.5% above the average of the three member countries with the lowest inflation.
D) maintaining an unemployment rate no higher than 1.5% above the average of the three member countries with the lowest unemployment.