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    Exam 10: Exchange Rates, business Cycles, and Macroeconomic Policy
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    The European Monetary System Is an Example of
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The European Monetary System Is an Example of

Question 94

Question 94

Multiple Choice

The European Monetary System is an example of


A) a flexible-exchange-rate system.
B) a floating-exchange-rate system.
C) a fixed-exchange-rate system.
D) an exchange-rate union.

Correct Answer:

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