One Drawback to a Single Currency Is That

question 45

Multiple Choice

One drawback to a single currency is that

• A)the exchange rate is more volatile.
• B)bond markets are larger and therefore harder to control.
• C)exporters and importers have fewer choices about how they will receive and make payments.
• D)individual nations cannot use monetary policy to stabilize the economy.
• E)foreign currency is more expensive.

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Definitions:

Predicates

Components of sentences that express what is being said about the subject, typically containing a verb and providing information about the subject's action or state.

Propositions

Statements or assertions that express a judgment or opinion which can be either true or false.

Proposition

An expression or declaration that conveys an assessment or viewpoint, capable of being either correct or incorrect.

Asserted

Asserted refers to a statement that is declared or stated firmly and confidently.