Question: What special problems does ECB? confront? A. The ECB must function with a highly centralized structure. B. The ECB is required to employ separate interest
What special problems does ECB? confront?
A. The ECB must function with a highly centralized structure.
B. The ECB is required to employ separate interest rate policies for each of the member nations.
C. The ECB must coordinate the use of multiple currencies.
D. The decentralized organization of the ECB with the governors of the national central banks holding a majority of the votes, instead of the executive board, may make it harder to achieve a consensus during a crisis.
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