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

Author Question: Is the EU an optimum currency area? Why or why not? What will be an ideal ... (Read 65 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
Is the EU an optimum currency area? Why or why not?
 
  What will be an ideal response?

Question 2

Describe the policy of outright monetary transactions or 0MT presented by the president of the European Central Bank in 2012.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

snackralk

  • Sr. Member
  • ****
  • Posts: 363
Reply #1 on: Jun 30, 2018
Answer to Question 1

Europe is not an optimum currency area. Labor mobility is highly limited. Economic and political conflicts within the euro zone have been persistent and they continue to result in questions regarding the ability of the euro zone to survive going forward.

Answer to Question 2

The ECB is now committed to purchase sovereign bonds of euro zone countries, potentially without limit, in order to control interest rates in the euro zone.


Engineer

  • Member
  • Posts: 527
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

The Pantanal, Brazil, seen here in flood condition, is a critical jaguar range area. The Pantanal, Brazil, seen here in flood condition, is a critical jaguar range area.
The Cardiac Landmarks. A = Aortic Area; P = Pulmonic Area; E = Erb’s Point; T = Tri The Cardiac Landmarks. A = Aortic Area; P = Pulmonic Area; E = Erb’s Point; T = Tri
What are examples of ideal forms? What are examples of ideal forms?
How to find the volume and surface area a rectangular prism How to find the volume and surface area a rectangular prism
Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ... Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ...
Video: Cataract

For a complete list of videos, visit our video library