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    International Economics Study Set 9
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    Exam 19: Fixed Versus Floating: International Monetary Experience
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    What Currency Was the Base, or Center, Currency in the ERM
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What Currency Was the Base, or Center, Currency in the ERM

Question 75

Question 75

Multiple Choice

What currency was the base, or center, currency in the ERM used in Europe during the 1980s and 1990s?


A) the French franc
B) the British pound
C) the German mark
D) the Italian lira

Correct Answer:

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