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:b. Suppose Greece has less symmetry and integration with the Eurozone than UK. Draw their positions on two separate FIX/OCA diagrams below. In this setup, how could we explain why Greece joined the euro and yet the UK preferred floating (before Brexit)? [5 points: 3 for the diagram and 2 for explanation criteria] Answer part b 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. Greece UK Explanation