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International Economics Study Set 9
Quiz 19: Fixed Versus Floating: International Monetary Experience
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Question 61
Multiple Choice
Economists studying the impact of currency unions on trade found currency unions:
Question 62
Multiple Choice
The authors of your textbook cite one study that estimated that currency unions ________ trade among member countries by approximately ______.
Question 63
Multiple Choice
The symmetry-integration diagram shows a set of situations under which a nation should fix or float. There is a set of combinations of integration and symmetry beyond which the benefits of fixing outweigh the costs. This is shown as:
Question 64
Multiple Choice
Studies cited in the text indicate that prices in countries with _______ exchange rate systems tend to __________more rapidly than prices in countries with ________ exchange rate systems.