AGREE/DISAGREE: Provide economic reason(s):VIGNETTE: “Country X is undergoing a political crisis and a secession referendumfrom province Z. The crisis has been dubbed by the media as “Z-Exit Movement”.The chief economist of Z-Exit has proposed that the best strategy for financial marketsdevelopment is for province Z to have its own currency separate from country X oncethe referendum has passed.”

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DIS AG REE The chief economist s proposal carries significant risk as a newly established currency could be subject to volatility and sharp fluctuatio... View the full answer