Q. Which of the following is NOT one of the determinants of the gains of adopting a singlecurrency? (Solved)
1. A well-synchronized business cycle involving all member countries
2. The possibility of factors of production to freely move across borders
3. The willingness and ability of member countries to design policies to address regional imbalances that may develop
4. Widening the common market by allowing other countries to join
- a. A well-synchronized business cycle involving all member countries