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​The Exchange Rate Mechanism (ERM) Refers to the Method of Linking

question 98

Multiple Choice

​The exchange rate mechanism (ERM) refers to the method of linking ____ currencies to each other within boundaries.


Definitions:

Democracy

A form of government in which power is vested in the people and exercised by them directly or through freely elected representatives.

Justice

The moral or legal principle of fairness and equity, where individuals receive what they are due or deserve.

Fairness

The impartial and just treatment or behavior without favoritism or discrimination.

Equity

The principle of fairness and justice in the allocation of resources, opportunities, and treatment of individuals and groups, aiming to address systemic inequalities.

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