Which of the Following Is a Drawback for Very Small

question 115

Multiple Choice

Which of the following is a drawback for very small member states like Ireland to join the Economic and Monetary Union (EMU) ?

• A)Economic policy for the EMU reflects less of the particular economic conditions of smaller member states than for larger member states.
• B)Economic policy for the EMU reflects the economic conditions of smaller member states equally as larger member states.
• C)Economic policy for the EMU reflects more of the particular economic conditions of smaller member states than for larger member states.
• D)Economic policy for the EMU does not reflect the economic conditions of any of its member states.
• E)Economic policy for the EMU reflects only the economic conditions of Germany.

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Definitions:

Assignment

The transfer of rights, duties, or property from one party to another, often used in the context of contracts or real estate.

Third-Party Beneficiary

An individual or entity that is not directly involved in a contract but stands to benefit from it as specified by the contracting parties.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights with respect to each other.

Listed Party

An individual or entity that appears on a list due to certain criteria, often used regarding sanctions, where listed parties are restricted from certain transactions and relationships.