Which of the Following Is a Major Drawback of the EMU

Multiple Choice

Which of the following is a major drawback of the EMU?

A) Its inability to raise efficiency in production, thus lowering aggregate output of the member nations
B) Its inability to bring down the transaction costs of trade between member nations
C) Its inability to use monetary policies to address a recession that affects some member countries but not others
D) Its inability to keep the actual average inflation rate close to its target inflation rate