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Title: Under the Exchange Rate Mechanism of the European Monetary System, when the British pound depreciate Post by: valputin on Nov 29, 2015 Under the Exchange Rate Mechanism of the European Monetary System, when the British pound depreciated below its lower limit against the German mark, the Bank of England was required to buy ________ and sell ________, thereby ________ international reserves.
A) pounds; marks; losing B) pounds; marks; gaining C) marks; pounds; gaining D) marks; pounds; losing Title: Re: Under the Exchange Rate Mechanism of the European Monetary System, when the British pound deprec Post by: Meela on Dec 6, 2015 Content hidden
Title: Re: Under the Exchange Rate Mechanism of the European Monetary System, when the British pound depreciate Post by: valputin on Dec 14, 2015 Perfect answer, thx
Title: Re: Under the Exchange Rate Mechanism of the European Monetary System, when the British pound depreciate Post by: Meela on Dec 14, 2015 :) Good luck with the rest
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