This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain the costs and benefits of a single currency. What will be an ideal ... (Read 82 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 30, 2018
Explain the costs and benefits of a single currency.
 
  What will be an ideal response?

Question 2

The best way to address differences in labor and environmental standards is through trade barriers.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

huda

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

Benefits include the reduction of transactions costs from currency conversion and reduction of exchange rate uncertainty. Costs include the lack of ability to pursue independent monetary policies, and the lack of ability to use the exchange rate as a buffer against external shocks.

Answer to Question 2

FALSE


Shelles

  • Hero Member
  • *****
  • Posts: 582
Reply #2 on: Jun 30, 2018
Correct answers!


huda

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Mendel's analyses of single-factor crosses Mendel's analyses of single-factor crosses
Erythrocytes (red blood cells) moving through a capillary in single file. Erythrocytes (red blood cells) moving through a capillary in single file.
A single cell wide-band oxygen sensor has four wires with two for the heater and two for the sensor ... A single cell wide-band oxygen sensor has four wires with two for the heater and two for the sensor ...
Preterm birth rates, by single and multiple births, Canada Preterm birth rates, by single and multiple births, Canada
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
Some obesity genes in the human genome. The green triangles represent single genes in which obesity Some obesity genes in the human genome. The green triangles represent single genes in which obesity
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library