A good measure of a country's level of economic integration with a currency area is

Question

Quizplus · Accepted Answer

The extent of trade between the joining country and the currency area and the ease with which labor and capital can migrate between the joining country and the currency area are good measures of a country's level of economic integration with a currency area. A high level of trade and ease of movement of labor and capital suggests greater integration with the currency area, as well as increased economic interdependence. This is why choice E is the best answer. Choices A, B, C, and D are not appropriate measures of economic integration with a currency area.

A Good Measure of a Country's Level of Economic Integration