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    Macroeconomics Study Set 10
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    Exam 13: Exchange Rates, business Cycles, and Macroeconomic Policy in the Open Economy
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    A Geographic Region in Which the Benefits of Having a Common
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A Geographic Region in Which the Benefits of Having a Common

Question 5

Question 5

Multiple Choice

A geographic region in which the benefits of having a common currency exceed the costs is


A) an optimum currency area.
B) an exchange-rate mechanism.
C) a currency board area.
D) a common currency area.

Correct Answer:

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