Important Note:Use the case as your absolute main resource, along with supplemen

Important Note:Use the case as your absolute main resource, along with supplemental materials if provided (Endnotes page 22-25). Your answers should be primarily based on the case. Quote the case precisely to demonstrate thorough reading and analysis. Be specific by referencing the page and section. This ensures you read the case carefully rather than relying on external information. Do not list the case or the supplemental material itself as a reference, as it will trigger the plagiarism tool. You can use external resources and reference them at the end, but your arguments should not be structured around them to stay on subject.
Example of Proper Quoting:
If answering question 1, you should reference specific sections of the case like this: “According to the section on the Bundesbank’s monetary policy, the decision to raise interest rates was primarily driven by the need to curb inflation in a reunified Germany (page number).”
Study Questions / Issues to Prepare:For each question, provide a 150-450 word answer. References to the case are required.
What were the primary objectives of the Exchange Rate Mechanism (ERM), and what challenges did it face in maintaining exchange rate stability?