System kursów walutowych w EWG
Streszczenie
The article of J. Bilski The System of Currency Exchange Rates in the EEC is
composed of three parts. In the first part the author discusses in detail the
Common Market system of currency exchange rates in force since 1971. Next,
the author analyzes the so-called „Currency Snake”. This construction of currency exchange rate s is an element of the monetary and economic union being
created since 1971. The author presents Both merits and drawbacks of this solution
and he discusses external factors conditioning the effective functioning of the
„snake”. In the third part J. Bilski presents the main assumptions of the new
monetary system functioning within the EEC since 1979 as well as the discussion
of economits concerning advantages and disadvantages of solutions in the
field of currency exchange rates employed in this system.
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