Multiple Choice
The formation of a(n) _____________ eliminates the uncertainty that arises when exchange rates are not permanently fixed,which in turn stimulates specialization in production among member nations.
A) optimum currency area
B) adjustable peg system
C) fixed exchange rate system
D) flexible exchange rate system
Correct Answer:

Verified
Correct Answer:
Verified
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Q12: Under a flexible exchange rate system,monetary policies
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Q17: A(n)_ allows an optimum currency area to
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