Shocks and Integration) The graph shows hypothetical OCA economic criteria for several South American countries. Using the graph, which of the following best satisfy the OCA criteria for forming a monetary union?
A) Peru and Colombia
B) Peru and Uruguay
C) Venezuela and Uruguay
D) Colombia and Venezuela
Ans: D) Colombia and Venezuela
Economics
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The demand curve for high-skilled workers lies to the right of the demand curve for low-skilled workers because of the costs associated with obtaining skills
Indicate whether the statement is true or false
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