What Are the Biggest Advantages the U

question 84

Multiple Choice

What are the biggest advantages the U.S. has above 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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Definitions:

Bonobos

A species of great ape (Pan paniscus) known for its peaceful, matriarchal societies and complex social behaviors, native to the Democratic Republic of Congo.

Gorillas

A species of great apes known for their robust build and predominantly herbivorous diet, they play a crucial role in their habitats' biodiversity.

Biological Change

The process through which living organisms evolve across generations due to changes in genetic material, often resulting from adaptation, mutation, or environmental shifts.

Cultural Change

Modifications in the shared beliefs, values, customs, behaviours, and artifacts among members of a society.