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Under the European Monetary System, a country's export prices
A) decreased if the inflation rate in that country increased.
B) could be controlled by loosening domestic monetary policy.
C) became more competitive as long as that country accelerated its domestic inflation and kept its foreign exchange rate with the deutsche mark stable.
D) none of the above.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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6 years ago
Thank you for helping me all throughout my semester
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