In the ERM, each country fixed participant Collectively the group ____ – McqOptions

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1.	In the ERM, each country fixed participant Collectively the group ________ against the rest of the world?
A.	a nominal exchange rate, floated
B.	a real exchange rate, pegged
C.	a purchasing power parity, pegged
D.	a real exchange rate, floated
Answer» B. a real exchange rate, pegged

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