Criteria of
the optimum currency area - which
of the statements are correct

Question

Criteria of
the optimum currency area -  which
of the statements are correct

Answer

states must have similar monetary policies

Answer

states must be fiscally integrated

Answer

countries must give priority to a single monetary policy

Answer

countries must give priority to a national monetary policy

Answer

degree of fiscal integrity must be low

Answer

prices and especially wages flexibility must be high

Answer

prices and especially wages ability
to change must be low

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