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    Exam 19: Fixed Versus Floating: International Monetary Experience
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    Europe's ERM, Which Preceded the Advent of the Euro, Was
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Europe's ERM, Which Preceded the Advent of the Euro, Was

Question 127

Question 127

Multiple Choice

Europe's ERM, which preceded the advent of the euro, was a weighted basket of European currencies, the most important of which was:


A) the U.S. dollar.
B) the Deutsche Mark.
C) the British pound.
D) the French franc.

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