International Monetary Systems: The Spirit of the European Monetary System (1979) & The European Monetary System as a "Greater DM" Area (1979-1992)

Question

The Spirit of the European Monetary System (1979) & The European Monetary System as a "Greater DM" Area (1979-1992)

Rafael Rivera González · Accepted Answer

Adjust the par value in the intermediate term only if necessary to realign national price levels, and only with the collective agreement of other EMS countries.

International Monetary Systems

The Spirit of the European Monetary System (1979) & The European Monetary System as a "Greater DM" Area (1979-1992)

Adjust the par value in the intermediate term only if necessary to realign national price levels, and only with the collective agreement of other EMS countries.

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