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Comprehension of the Optimum currencyarea- which of the statements is incorrect
currency
area
-
the main means of payment are different currencies,the rates of which are fixed to each other and are not convertible
the main means of payment are different currencies,
the rates of which are fixed to each other and are not convertible
themain means of payment are different currencies, which may fluctuate againstother world currencies outside the area
the
main means of payment are different currencies, which may fluctuate against
other world currencies outside the area
the main means of payment is a common currency, whichis freely convertible
the main means of payment is a common currency, which
is freely convertible
the main means of payment is a common currency
the main means of payment are different currencies,the rates of which are fixed to each other and are freely convertible
the rates of which are fixed to each other and are freely convertible
the main means of payment is a common currency, which mayfluctuate against other world currencies outside the area
the main means of payment is a common currency, which may
fluctuate against other world currencies outside the area
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