The main features of the European Monetary system are ?
A. The ECU
B. currency swap agreement between member
C. the exchange rate mechanism
D. all of the above
A. The ECU
B. currency swap agreement between member
C. the exchange rate mechanism
D. all of the above
A. Active intervention
B. Sound commercial affairs
C. Interference by the state in law and order
D. None of these
A. Unchanged
B. Larger
C. Smaller
D. Unstable
A. tends to lead to an appreciation of a nation’s currency
B. tends to lead to a depreciation of a nation’s currency
C. usually has no effect on a currency’s exchange value
D. tends to lead to a depreciation of the currencies of other nations
A. Close-Trade zone
B. Free-trade zone
C. Both of them
D. None of them
A. rise; increase, increase
B. rise, falls, increase
C. rise, increase, falls
D. rise, falls, falls
A. encourage foreigners to investment in your country
B. encourage saving and investment
C. nationalize major industries
D. encourage research and development
E. Promote free trade