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Author Question: Which of the following is NOT one of the determinants of the gains of adopting a single currency? ... (Read 49 times)

jCorn1234

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on: Jun 30, 2018
Which of the following is NOT one of the determinants of the gains of adopting a single currency?
 
  A) A well-synchronized business cycle involving all member countries
  B) The possibility of factors of production to freely move across borders
  C) The willingness and ability of member countries to design policies to address regional imbalances that may develop
  D) Widening the common market by allowing other countries to join

Question 2

What did Adam Smith perceive was primarily responsible for improving standard of living?
 
  What will be an ideal response?
International Economics ¦ Gerber ¦ 6th Edition
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mohan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

Increased specialization in production


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