Although various formal exchange rate arrangements were instituted in Europe ( snake-in- the-tunnel, joint float, mini-snake and the European monetary system)
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[PDF] EUROPEAN MONETARY SYSTEM AND ITS - CORE
Expressed in a positive way, the basic objective of the European Monetary System (E M S ) is to contribute to a lasting improvement of the present economic
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Matthes doubts that the EMS can live up to the original expectations and argues in favour of a restoration of the US dollar to its function as the key currency of the
[PDF] EUROPEAN MONETARY SYSTEM AND ITS INTERNATIONAL
Expressed in a positive way, the basic objective of the European Monetary System (E M S ) is to contribute to a lasting improvement of the present economic
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The European Monetary System Neil J Pinsky and Joseph G Kvasnicka In March 1979, nine major European coun- tries, members of the European Economic
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more detail on the EMS exchange-rate mechanism, see Bank of England (1979); IMF (1979, pp 97-98); and U S Congress (1979, Chap 2) 4 Thus the ECU
6 European Monetary Arrangements and the International Monetary
Although various formal exchange rate arrangements were instituted in Europe ( snake-in- the-tunnel, joint float, mini-snake and the European monetary system)
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