With a Common Currency Such as the Euro

question 259

Multiple Choice

With a common currency such as the euro,

• A)trade barriers between countries using the currency are increased.
• B)individual countries using the currency are no longer able to run independent monetary policies.
• C)the prices of goods across countries using the currency must always be the same,regardless of consumer preferences for goods across countries.
• D)individual countries using the currency are no longer able to run independent fiscal policies.

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