Currency unions are rare because
A) they're to no one's advantage.
B) countries are reluctant to give up having their own currencies.
C) having flexible exchange rates has the same benefits and none of the costs.
D) speculative attacks are likely to occur.
B
Economics
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In a country with a mixed market economy, what actions may government prevent?
a. open competition among car manufacturers b. the addition of dangerous narcotics in children's cough syrup c. a reduction in fuel prices d. the bankruptcy of a small business
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Of the top-10 U.S. multinationals, the majority are in which of the following two industries?
a. oil and automobiles b. banking and energy c. services and fast food d. clothing and entertainment e. computers and soft drinks
Economics