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According to the theory of optimal currency areas, which of the following can raise the benefits (or lower the costs) to country X of joining
According to the theory of optimal currency areas, which of the following can raise the benefits (or lower the costs) to country X of joining a currency union with the U.S.? a. Country X features a lot of FDI flows with the U.S. b. Country X has a lot of labor mobility with the U.S. c. Both (a) and (b) d. Neither (a) nor (b)
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