Q
A monetary union means ________, ________ and ________?
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A
A. Permanently fixed capital movements floating exchange rates a fixed structure of interest rates
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B
B. Permanently fixed exchange rates, free capital movements, a single interest rates
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C
C. A common currency a single central bank, common monetary policy
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D
D. A common currency floating exchange rates common monetary policy
Correct Answer:
B. B. Permanently fixed exchange rates, free capital movements, a single interest rates