Which of the following is related with optimum currency area?
A. Optimal geographical area for a single currency
B. Optimal geographical area for several currencies whose exchange rates are relatively pegged
C. Single currency or the pegged currencies fluctuate jointly visà-vis other currencies
D. All the above
Answer:D
Which of the following is related with optimum currency area?
A. Optimal geographical area for a single currency B. Optimal geographical area for several currencies whose exchange rates are relatively pegged C. Single currency or the pegged currencies fluctuate jointly visà-vis other currencies D. All the above