Multiple Choice
Which of the following is one of the conditions that was set under the Maastricht Treaty and must be met before a nation could join the European Monetary Union?
A) an inflation rate not exceeding 10 percent of the three member nations with highest inflation rate
B) a budget surplus not exceeding 3 percent of GDP
C) overall government debt not exceeding 60 percent of GDP
D) the average exchange rate not increasing by more than 5% of the EMS for the 5 years before joining the union
Correct Answer:

Verified
Correct Answer:
Verified
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