Chapter 22 Multiple-choice questions

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. What does EMU stand for?

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. Which of the following is responsible for the single currency?

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. Which of the following is the most accurate?

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. Which of the following countries was forced to leave the Exchange Rate Mechanism (ERM) on what came to be termed 'black Wednesday'?

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. The currency of which country was used as the 'anchor currency' in the ERM?

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. Which of the following is not one of the 'convergence criteria' to join EMU?

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. During the period of fluctuation post-Maastricht (1992–4), the ERM bands were increased to what size?

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. How many countries joined the single currency on 1 January 1999?

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. Which of the following theories of EMU integration highlights the central role of the Commission President and DG for Economic and Financial Affairs?

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. In the context of the financial and economic crisis, the Stability and Growth Pact (SGP) was substantially revised. Which of the following was not one of the revisions?

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