Multiple Choice
Which of the following best defines an optimum currency area?
A) a group of nations sharing the same currency
B) a group of regions in close proximity to each other
C) a group of regions who operate under similar economic policies
D) a group of regions with economies closely linked by factor mobility and by trade in goods and services
E) a group of nations that engage in free trade with each other
Correct Answer:
Verified
Correct Answer:
Verified
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