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An optimum currency area is (select all that apply) a region where transactions costs are low when exchanging currency geographically contiguous has low-cost labor mobility

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An optimum currency area is (select all that apply) a region where transactions costs are low when exchanging currency geographically contiguous has low-cost labor mobility within the area has low-cost capital mobility within the area has fixed exchange rates within the area has floating exchange rates within the area has fixed exchange rates outside the area has floating exchange rates outside the area

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