Multiple Choice
The formation of an optimum currency area is more likely to be beneficial:
A) the smaller is the mobility of resource among the various nations of the optimum currency area
B) the smaller are the structural similarities of member nations
C) the more willing are member nations to closely coordinate their fiscal,monetary, and other policies
D) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The policy of intervention in the foreign
Q3: If the band of allowed fluctuation under
Q4: An alleged advantage of flexible over fixed
Q5: The policy of changing par values by
Q6: Everything else being the same,the volume of
Q7: Flexible exchange rates:<br>A)enhance the effectiveness of fiscal
Q8: Under a flexible as compared to a
Q9: A fixed exchange rate system without a
Q10: The European Monetary System is or resembles
Q11: International macroeconomic policy coordination has become more