Author Question: Which of the following is NOT one of the determinants of the gains of adopting a single currency? ... (Read 48 times)

jCorn1234

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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?


mohan

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Answer to Question 1

D

Answer to Question 2

Increased specialization in production



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