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Q. Why did the EU countries move away from the EMS toward the goal of a single shared currency?
Answer:
1. To produce a superior degree of European market integration by removing the threat of EMS currency realignments.
2. To decrease German dominance of the EMS monetary policy.
3. Given the shift to complete freedom of capital movements within the EU fixed however adjustable currency parities may possibly lead to ferociously speculative attacks as in 1992 - 1993.
4. To guarantee the political constancy of Europe.
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1. Write about masculinity vs. feminity of culture. 2. Write a note on ‘Organic effect' that affect the decision making process. 3. What is ‘Ad Valoram' rate of duty? 4. What is ‘D
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Q. Describe the main provisions of the Maastricht Treaty of 1991. Answer: It identified for a single currency by January 1/1999 harmonizing social security policy insid
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