Full employment and balance of payments equilibrium will be automatically achieved in an optimum currency area
A. if exchange rates are flexible
B. foreign capital flows into the country
C. if labour and capital move freely
D. if trade is liberalized
Answer:C
Full employment and balance of payments equilibrium will be automatically achieved in an optimum currency area
A. if exchange rates are flexible B. foreign capital flows into the country C. if labour and capital move freely D. if trade is liberalized