The difference between asymmetric and symmetric shocks is that:
A) the former results in no conflicts in policy goals between countries.
B) the latter results in policy conflicts between countries.
C) the latter results in identical policies being implemented.
D) the former is favored over the latter.

Question

Quizplus · Accepted Answer

Symmetric shocks affect all countries in a similar way, leading to the implementation of similar policies, whereas asymmetric shocks affect countries differently, potentially leading to policy conflicts.

The Difference Between Asymmetric and Symmetric Shocks Is That