Which of the following cases is an OCA that is NOT preferred by a home country?
A) The home country faces symmetric shocks with the other country.
B) The labor market is well integrated, allowing for migration.
C) The home country faces asymmetric shocks with the other country.
D) The home economy is well integrated with the other country, carrying out vast amounts of trade.
Ans: C) The home country faces asymmetric shocks with the other country.
Economics
You might also like to view...
Which of the following is most likely to benefit from government established price floors in agriculture?
A) large farm owners and corporate farms B) small farmers C) cattle ranchers D) low income farmers
Economics
Which of the following examples would most likely be the most elastic?
a. chair b. diamond ring c. eggs d. ladder
Economics