Economists are concerned that a large cost to nations entering into a monetary union is:

Name: Economists are concerned that a large cost to nations entering into a monetary union is:
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Economists are concerned that when nations enter into a monetary union, they lose control over their own monetary policies and hence cannot rescue their banks or stimulate their economies through a lender-of-last-resort mechanism. This can lead to financial instability in the member nations.

Economists Are Concerned That a Large Cost to Nations Entering