Which one of the following is not a characteristic that reduces the cost of a si

Question - Which one of the following is not a characteristic that reduces the cost of a signals currency ?

Options:

A . A high degree of labour mobility among the countries of the common currency area

B . A high degree of capital mobility among the countries of the common currency area

C . None of the characteristics described in these answers They are all characteristics that reduce the cost of a single currency

D . A high degree of trade integration among the countries of the common currency area

Answer: Option D
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