Which of the following is not related with optimum currency area?
A. Optimal geographical area for several currencies whose exchange rates are relatively pegged.
B. Single currency do not fluctuate vis-à-vis other currencies.
C. Single currency or the pegged currencies fluctuate jointly visà-vis other currencies.
D. Optimal geographical area for a single currency.
Answer:B
Which of the following is not related with optimum currency area?
A. Optimal geographical area for several currencies whose exchange rates are relatively pegged. B. Single currency do not fluctuate vis-à-vis other currencies. C. Single currency or the pegged currencies fluctuate jointly visà-vis other currencies. D. Optimal geographical area for a single currency.