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US (IS/IS NOT) an optimal currency area. NAFTA/USMCA (ALLOWS/ DOES NOT ALLOW) free movement of capital (investments) across borders. Economic unions inevitably lead to ________________.

  1. US (IS/IS NOT) an optimal currency area.

  1. NAFTA/USMCA (ALLOWS/ DOES NOT ALLOW) free movement of capital (investments) across borders.

  1. Economic unions inevitably lead to ________________.

  1. A countrys central bank need to (INREASE/DECREASE) interest rates to fight inflation.

  1. High interest rates cause economic (RECESSION/BOOM).

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