In a(n) ____, similarities in the underlying structure of economic activity make it feasible to adopt a single currency and use a single exchange rate as an instrument of macroeconomic policy.
A) optimal currency area
B) unified economic area
C) uniform currency zone
D) monetary zone

Question

Quizplus · Accepted Answer

In an optimal currency area, similarities in the underlying structure of economic activity make it feasible to adopt a single currency and use a single exchange rate as an instrument of macroeconomic policy.

In A(n) ____, Similarities in the Underlying Structure of Economic