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6. Ins and Outs of the Eurozone [10 points] Use the FIX/OCA diagram to discuss the following. a. Suppose Denmark and Sweden have similar levels

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6. Ins and Outs of the Eurozone [10 points] Use the FIX/OCA diagram to discuss the following. a. Suppose Denmark and Sweden have similar levels of symmetry and integration with the Eurozone. Draw their positions on two separate FIX/OCA diagrams below. In this setup, how could we explain why Denmark has a peg to the euro but Sweden has decided to float? [5 points: 3 for the diagram and 2 for explanation criteria] Answer part a using the chart below. Label axes and points carefully. Include OCA and FIX lines, In your explanation refer to other relevant economic and political considerations. Denmark Sweden Explanation

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