An optimum currency union refers to the decision by a country to:
A) join a monetary union that best serves its self-interest.
B) join a free trade area.
C) dollarize its economy.
D) eliminate tariffs.
Ans: A) join a monetary union that best serves its self-interest.
Economics
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Net unilateral transfers abroad is the difference of the unilateral transfers received from abroad by U.S. residents and the unilateral transfers sent to foreign residents by the U.S. residents
Indicate whether the statement is true or false
Economics
Economies of scope are present when a bank also sells insurance and provides brokerage services for stocks and bonds.
Answer the following statement true (T) or false (F)
Economics