All of the following are obstacles to international economic policy coordination except
A) different national objectives and institutions.
B) different national political climates.
C) different phases in the business cycle.
D) different national currencies.

Question

Quizplus · Accepted Answer

Different national currencies are not an obstacle to international economic policy coordination since exchange rates can be adjusted and managed through cooperation among countries. The other three options all represent common barriers to coordination efforts.

All of the Following Are Obstacles to International Economic Policy