Europe May Not Be an Optimum Currency Area Because

question 77

Multiple Choice

Europe may not be an optimum currency area because

• A)people speak different languages.
• B)workers are not very mobile.
• C)the countries do not trade very much with each other.
• D)financial markets are weak.

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Definitions:

Affirmative

A term indicating agreement or the assertion of a position or truth, often used in debate or logic to denote the positive side of an argument.

Statement Form

The form or structure of a statement or proposition in logic, usually presented in a symbolic language.

Particular

In logic, refers to propositions or statements that affirm or deny something about only some members of a class, as opposed to universality which concerns all members.

Negative

Expressing denial, disagreement, or the absence of certain characteristics or conditions.