Multiple Choice
The Exchange Rate Mechanism (ERM) was:
A) an attempt to bring all countries under a fixed exchange rate system.
B) a fixed exchange rate system in Europe, with the Deutsche Mark as the anchor currency.
C) a fixed exchange rate system in Europe, with the British pound as the anchor currency.
D) a fixed exchange rate system in use in the 1960s.
Correct Answer:
Verified
Correct Answer:
Verified
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