Economic benefits to nations in a currency union will be larger whenever:
A) the volume of transactions between the nations is larger and there is a greater degree of economic integration.
B) the volume of transactions is smaller but there is a greater degree of economic integration.
C) trade and financial flows between the nations are erratic.
D) financial integration is lower but cultural integration is higher.
Ans: A) the volume of transactions between the nations is larger and there is a greater degree of economic integration.
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