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7. Economic costs and benefits of a common currency Identify whether each attribute in the following table is an advantage or disadvantage of sharing a

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7. Economic costs and benefits of a common currency Identify whether each attribute in the following table is an advantage or disadvantage of sharing a currency across country boundaries. Attribute Advantage Disadvantage Speculative attacks during currency transition O O Limited scope for fiscal policy O O Protection from monetary disturbances and speculation O Price stability O O Lower transaction costs O O Which of the following are reasons NAFTA Is considered 7 currency area? Check all that apply. O Similar economic structures Low efficiency gains Unequal economic efficiency gains O Labor immobility Grade It Now Save & Continue Continue without saving

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