Author Question: Which of the following best defines an optimum currency area? A) a group of nations sharing the ... (Read 97 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
Which of the following best defines an optimum currency area?
 
  A) a group of nations sharing the same currency
  B) a group of regions in close proximity to each other.
  C) a group of regions who operate under similar economic policies.
  D) a group of regions with economies closely linked by factor mobility and by trade in goods and services
  E) a group of nations that engage in free trade with each other

Question 2

Shortly after their admission into the EMU, Ireland and the Netherlands
 
  A) both seceded from the EMU.
  B) were expelled due to high levels of debt.
  C) breached the inflation convergence criterion that had qualified them for admission to the EMU in the first place.
  D) achieved inflation rates of zero percent.
  E) abandoned the Euro as their national currency.



Chou

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

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?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library