A currency union is a good idea as long as the monetary efficiency _____ are larger than the economic stability _____.
A) gains, losses
B) losses, gains
C) costs, benefits
D) costs, losses
E) the marginal costs, marginal benefits

Question

Quizplus · Accepted Answer

A currency union is considered beneficial when the monetary efficiency gains outweigh the economic stability losses, as these gains can lead to increased trade and investment among member countries, while the losses might involve giving up some control over national monetary policies.

A Currency Union Is a Good Idea as Long as the Monetary