In view of the theory of optimum currency areas, a country would be a good candidate for membership in such an area if it had a _______ degree of factor mobility with other potenttial member countries of the currency area and if the country were a relatively _____ economy a. low / closed b. low/open c. high /closed d. high / open

In view of the theory of optimum currency areas, a country would be a good candidate for membership in such an area if it had a ___ degree of factor mobility with other potenttial member countries of the currency area and if the country were a relatively _ economy a. low / closed b. low/open c. high /closed d. high / open

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter6: Government Influence On Exchange Rates

Section: Chapter Questions

Problem 29QA

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a. low / closed

b. low/open

c. high /closed

d. high / open

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