According to the theory of optimal currency areas,there are gains to be achieved from sharing a currency across national boundaries.These gains include
A) more uniform prices and lower transactions costs
B) greater certainty for investors and enhanced competition
C) a single monetary policy run by an independent central bank
D) all of the above

Question

Quizplus · Accepted Answer

The gains from sharing a currency across national boundaries, according to the theory of optimal currency areas, include more uniform prices and lower transaction costs, greater certainty for investors, and a single monetary policy run by an independent central bank. Therefore, all of the above choices are correct.

According to the Theory of Optimal Currency Areas,there Are Gains