The recent Euro zone crisis has shown that ( ) is a necessary component for the successful operation of the zone.
A. monetary policy coordination
B. fiscal policy coordination
C. both A and B
D. exchange rate policy coordination
查看答案
Which is not a obstacle for greater coordination:
A. negotiation and reduced flexibility costs
B. disagreement over appropriate macroeconomic policies
C. not all countries gain from coordination
D. raising global welfare
A minimal level of coordination is:
A. the exchange of information
B. the acceptance of mutually consistent policies
C. joint action
D. all of the above
With floating exchange rates and perfect capital mobility, ( ) is effective for a small open economy.
A. fiscal policy alone
B. monetary policy alone
C. fiscal policy and monetary policy
D. exchange rate policy
Under fixed exchange rates and perfect capital mobility, ( ) is effective for a small open economy.
A. fiscal policy alone
B. monetary policy alone
C. fiscal policy and monetary policy
D. exchange rate policy
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