Some Economists Argue That Monetary Union Will Not Work as Well

Multiple Choice

Some economists argue that monetary union will not work as well in Europe as it does in the United States for all of the following reasons except:

A) labor is not as mobile in Europe as it is in the United States.
B) there is no strong central government that can use fiscal policy in Europe as there is in the United States.
C) there is no common language in Europe as there is in the United States.
D) there is no European central bank as there is in the United States.