Why Was the European Monetary System Established

question 15

Multiple Choice

Why was the European Monetary System established?

• A) To establish a common currency the euro.
• B) To peg all member currencies to the Swiss Franc.
• C) To maintain small exchange rate fluctuation among member countries.
• D) To unite the coal and steel workers in France and Germany

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Definitions:

Professional Behaviour

Conduct that is ethical, considerate, and in adherence to workplace norms and policies.

Extended Gaze

A prolonged look or stare directed towards someone or something, often indicating interest or scrutiny.

Arabs

Refers to people from the Arabic-speaking countries located primarily in the Middle East and North Africa.

Europeans

People native to or residing within the continent of Europe, often relating to the cultural, social, and political characteristics of this diverse region.