What Are the Biggest Advantages the U

question 83

Multiple Choice

What are the biggest advantages the U.S.has over 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:

Organizational Requirements

The needs or conditions that an organization must meet to achieve its objectives effectively.

HR Forecasting

The process of predicting future human resources needs of an organization based on current data, trends, and projected changes in the business environment.

Workforce Knowledge

The collective skills, expertise, and understanding possessed by an organization’s employees.

Skill Competencies

The set of abilities, knowledges, and skills that enable an employee to perform job tasks successfully.