4. the advent of the euro marks the first time that sovereign countries have voluntarily given up their a. national borders to foster economic integration. b. monetary independence to foster economic integration. c. fiscal policy independence to foster economic integration.

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19-12-2022
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4. the advent of the euro marks the first time that sovereign countries have voluntarily given up their a. national borders to foster economic integration. b. monetary independence to foster economic integration. c. fiscal policy independence to foster economic integration.

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jaiswaljyoti jaiswaljyoti · Answer 1 · 2022-12-24T11:19:08+01:00

The advent of the euro marks the first time that sovereign countries have voluntarily given up their: monetary independence to foster economic integration.

Monetary policies are reliant as in the impact of a particular policy. Accolated by a nation contrasts relying upon monetary policies taken by. different nations

More prominent monetary policy independence, estimated as a country's capacity to direct its own monetary policy for homegrown purposes autonomous of outside monetary impacts, prompts lower purchaser price expansion.

The Fed has customarily utilized three instruments to lead monetary policy: save prerequisites, the markdown rate, and open market activities.

The Fed is free as in monetary policy and related choices are made independently and are not expose to endorsement by the federal government. Nonetheless, its governors are selected by the President and should be affirmed by Congress.

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