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Chako Chako
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8 years ago
The theory of optimum currency areas predicts that
A) fixed exchange rates are most appropriate for areas closely integrated through international trade and factor movements.
B) floating exchange rates are most appropriate for areas closely integrated through international trade and factor movements.
C) fixed exchange rates are most appropriate for all countries in Europe.
D) floating exchange rates are most appropriate for all countries in Europe.
E) fixed exchange rates are most appropriate for areas that are loosely integrated through international trade and factor movements.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
7 years ago
Happy to help you!
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