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1.) The Exchange Rate Mechanism (ERM) was: A.) a floating rate system that followed the demise of the Bretton Woods system. B.) a fixed exchange
1.) The Exchange Rate Mechanism (ERM) was:
A.) a floating rate system that followed the demise of the Bretton Woods system. | ||
B.) a fixed exchange rate system adopted by major European countries after the demise of the Bretton Woods system.. |
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