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Use the FIX/OCA diagram to discuss the following. a. Suppose Denmark and Sweden have similar levels of symmetry and integration with the Eurozone. In this
Use the FIX/OCA diagram to discuss the following.
a. Suppose Denmark and Sweden have similar levels of symmetry and
integration with the Eurozone. In this setup, how could we explain why
Denmark has a peg to the euro but Sweden has decided to float?
b.Suppose Greece has less symmetry and integration with the Eurozone
than UK. In this setup, how could we explain why Greece joined the euro
and yet the UK preferred floating (before Brexit)?
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