A monetary union means ________, ________ and ________? - Solved MCQs with Answer & Explanation

2793EconomicsMedium

A monetary union means , and ?

Aa common currency a single central bank, common monetary policy

Bpermanently fixed exchange rates, free capital movements, a single interest rates

Cpermanently fixed capital movements floating exchange rates a fixed structure of interest rates

Da common currency floating exchange rates common monetary policy

Correct answer

B. permanently fixed exchange rates, free capital movements, a single interest rates

Explanation

The correct answer is permanently fixed exchange rates, free capital movements, a single interest rates.

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