International Finance
Due In 6 hours. Write Half a page for each question. No sources needed. Answer questions thouroughly as possible.
1) What is an optimum currency area? Is the European Union (EU) an optimum currency area?
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Order Paper NowExplain your answer based on the criteria of an optimum currency area.
(2) Why would the failure to create a unified EU labor market be particularly harmful to the
prospects for a smoothly functioning European economic and monetary union (EMU)?
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