After Continuing Crises in 1993, the EMS Countries

question 42

Multiple Choice

After continuing crises in 1993, the EMS countries:

• A) agreed to entirely abandon the system.
• B) stood firm, refusing to adjust central parities.
• C) removed France from its leading role in the system.
• D) widened the band of allowable fluctuations around central parities.
• E) narrowed the band of allowable fluctuations around central parities.

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