True/False
An optimal currency area is one in which the constituent parts have no need of their own exchange rates and little call for a monetary policy of their own.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: The main reason behind the crises in
Q5: Which of the following is not a
Q6: Exchange rates move partly because economies have
Q7: One lesson which could be learned from
Q8: In 1998 the IMF suggested that a
Q10: A change in UK monetary policy will
Q11: A Tobin tax levied on trading in
Q12: When the US economy expands, assuming no
Q13: One of the criteria for joining the
Q14: Speculators would move their money out of