This topic contains a solution. Click here to go to the answer

Author Question: When two countries choose to use a new currency, they are A) participating in a monetary union. ... (Read 66 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
When two countries choose to use a new currency, they are
 
  A) participating in a monetary union.
  B) dollarizing.
  C) forming an optimal currency area.
  D) increasing their monetary autonomy.

Question 2

The theory of optimal currency areas argues that social welfare is ________ when countries participate in ________.
 
  A) increased; a monetary union
  B) decreased; a monetary union
  C) increased; a managed float system
  D) decreased; policy coordination



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mjenn52

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

A

Answer to Question 2

A





 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

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?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

For a complete list of videos, visit our video library