An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?

European Monetary Mechanism (EMM)

An exchange arrangement was formed in 1979 that governs the currencie

1.	An exchange arrangement was formed in 1979 that governs the currencies of European union member countries. What this arrangement called ?
A.	European Currency System (ECS)
B.	European Monetary Mechanism (EMM)
C.	Common Monetary System (CMS)
D.	European Monetary Fund (EMF)
Answer» D. European Monetary Fund (EMF)