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 41 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
Gracias!

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

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?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Mercalli Intensity Maps of Two Famous Bay Area Earthquakes Mercalli Intensity Maps of Two Famous Bay Area Earthquakes
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Nomogram for determining Body Surface Area (BSA). Nomogram for determining Body Surface Area (BSA).
Clear the popliteal catchment area. Stand next to the recipient’s knee, and face the head of the ... Clear the popliteal catchment area. Stand next to the recipient’s knee, and face the head of the ...
How to find the volume and surface area of any triangular prism How to find the volume and surface area of any triangular prism
What cause the white spot area on throat? What cause the white spot area on throat?
Video: Digestive chemicals - water, gastric acid, bile & bicarbonate

For a complete list of videos, visit our video library