How does the eurozone compare with USA as a possible optimal currency area (OCA)

Discussion Forum : Fiscal And Monetary Policy

Question - How does the eurozone compare with USA as a possible optimal currency area (OCA) ?

Options:

A . The eurozone has a higher degree of labour mobility than the USA and labour law is much less restrictive in the erozone than in the USA On these measu

B . The eurozone has a lower degree of labour mobility than the USA and labour law is much more restrictive in the erozone than in the USA On these measur

C . The eurozone has a higher degree of labour mobility than the USA but labour law is much more restrictive in the erozone than in the USA On these measu

D . The eurozone has a lower degree of labour mobility than the USA and labour law is much less restrictive in the erozone than in the USA On these measur

Answer: Option B
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