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Title: Which of the following is a drawback to having a common currency across countries, as in the European Union? Post by: shrikharariji on Nov 22, 2018 Which of the following is a drawback to having a common currency across countries, as in the European Union?
A) A common currency increases barriers to trade across countries, reducing opportunities for economic growth. B) With a common currency, individual countries are no longer able to run independent monetary policies. C) Having a common currency implies that the prices of goods across countries must always be the same, regardless of consumer preferences for goods across countries. D) None of the above is a drawback to a coAnswer: rency. Title: Which of the following is a drawback to having a common currency across countries, as in the European Union? Post by: celticgreen on Nov 22, 2018 Content hidden
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