Question: US (IS/IS NOT) an optimal currency area. NAFTA/USMCA (ALLOWS/ DOES NOT ALLOW) free movement of capital (investments) across borders. Economic unions inevitably lead to ________________.

  1. US (IS/IS NOT) an optimal currency area.

  1. NAFTA/USMCA (ALLOWS/ DOES NOT ALLOW) free movement of capital (investments) across borders.

  1. Economic unions inevitably lead to ________________.

  1. A countrys central bank need to (INREASE/DECREASE) interest rates to fight inflation.

  1. High interest rates cause economic (RECESSION/BOOM).

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!