What Are the Biggest Advantages the U

question 28

Multiple Choice

What are the biggest advantages the U.S. has over the EU in terms of being an Optimum Currency Area?

• A) low mobility of labor, higher labor productivity, lower level of intra-regional trade
• B) high unionization of U.S. labor force
• C) high mobility of labor force, more transfer payments between regions
• D) higher uniformity of population's taste in consumption
• E) more specialized labor force and natural resource advantages

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