Draw 2 FIX/OCA diagrams for each of the following scenarios and provide an explanation for each graph. Label axes and relevant points. Include OCA and FIX lines. Include any relevant economic and political considerations.

1) Suppose Denmark and Sweden have similar symmetry levels and integration with the European Union. Draw Denmark's and Sweden's positions on two separate FIX/OCA diagrams and give an explanation for each diagram. Also, include an explantation on why Denmark has a peg to the euro but Sweden has decided to float?

2) Suppose Greece has less symmetry and integration with the European Union than the United Kingdom. Draw Greece's and the United Kingdom's positions on two separate FIX/OCA diagrams and give an explanation for each diagram. Also, include an explanation on why Greece joined the euro and yet the United Kingdom preferred floating before Brexit.