| 单词 | European Monetary System (EMS) |
| 释义 | European Monetary System (EMS) European Monetary System (EMS) a European monetary unit, an exchange rate intervention mechanism and a transfer mechanism established in 1978 under the law of the EUROPEAN COMMUNITIES. It is this system that established the European Currency Unit (ECU), a currency used to settle transactions between Community authorities and for operating the other mechanisms of the system. MEMBER STATES have fixed interest rates, and the European Monetary Cooperation Fund (EMCF) supports intervention at levels around this figure. The EUROPEAN UNION tried but failed to move to complete economic and monetary union before the end of the 20th century. |
| 随便看 |
|
法律词典收录了2351条英汉双解法律词条，基本涵盖了常用法律英语单词及短语词组的翻译及用法，是法律学习的有利工具。