The fact that EFTA does not operate with a common currency has put its member nations at a comparative economic disadvantage to the nations of the European Union.

Question

Quizplus · Accepted Answer

This does not seem to be the case. Residents of the EFTA countries are more than twice as wealthy as those in the EU. They also enjoy lower inflation, higher employment, healthier budget surpluses and lower real interest rates. Interestingly, they also export more per capita than EU countries.

The Fact That EFTA Does Not Operate with a Common