In ____, similarities in the underlying structure of economic activity make it feasible to adopt a single currency and use a single exchange rate as an instrument of macroeconomic policy.
A) an optimal currency area
B) a unified economic area
C) a uniform currency zone
D) a monetary zone

Question

Quizplus · Accepted Answer

In an optimal currency area, similarities in the underlying structure of economic activity make it feasible to adopt a single currency and use a single exchange rate as an instrument of macroeconomic policy.

In ____, Similarities in the Underlying Structure of Economic Activity