The formation of an optimum currency area is more likely to be beneficial:
A) the smaller is the mobility of resource among the various nations of the optimum currency area
B) the smaller are the structural similarities of member nations
C) the more willing are member nations to closely coordinate their fiscal,monetary, and other policies
D) all of the above
Correct Answer:
Verified
Q1: International macroeconomic policy coordination has become more
Q2: Price discipline is:
A)greater under a fixed than
Q4: Which of the following statements is correct
Q5: Flexible exchange rates:
A)enhance the effectiveness of fiscal
Q6: The European Monetary System is or resembles
Q7: A fixed exchange rate system without a
Q8: Under a flexible as compared to a
Q9: The policy of intervention in the foreign
Q10: Most economists believe that under "normal conditions"
Q11: The European Monetary Union:
A)has a common currency
B)has
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