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Q. What prompted the EU countries to seek closer coordination of monetary policies and greater exchange rate stability in the late 1960s?
Answer:
1. To improve Europe's role in the world monetary system.
2. To turn the European Union into a really unified market.
Q. How did the European single currency evolve? Answer: The answer is related to the crumple of Bretton Woods and the European Currency reform of 1969-1978. The Werner
Q. Countries that are willing to tolerate an unusually high quantity of pollution relative to their supplies of other factors would leads to export "pollution-intensive" goods. D
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