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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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    Europe May Not Be an Optimum Currency Area Because
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Europe May Not Be an Optimum Currency Area Because

Question 64

Question 64

Multiple Choice

Europe may not be an optimum currency area because


A) people speak different languages.
B) fiscal transfers are weak.
C) the countries do not trade very much with each other.
D) financial markets are weak.

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