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Author Question: When two countries choose to use a new currency, they are A) participating in a monetary union. ... (Read 33 times)

moongchi

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on: Jun 30, 2018
When two countries choose to use a new currency, they are
 
  A) participating in a monetary union.
  B) dollarizing.
  C) forming an optimal currency area.
  D) increasing their monetary autonomy.

Question 2

The theory of optimal currency areas argues that social welfare is ________ when countries participate in ________.
 
  A) increased; a monetary union
  B) decreased; a monetary union
  C) increased; a managed float system
  D) decreased; policy coordination


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mjenn52

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

A

Answer to Question 2

A


moongchi

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Reply #2 on: Jun 30, 2018
Thank you


mjenn52

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Reply #3 on: Jun 30, 2018
No problemo


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