Day1

Which one is not a trade barrier

• Legal barriers

• Excessive transaction and transportation cost

• profit maximization

• Information asymmetry

• Discriminatory taxes

Which one was not an international monetary system?

• Bimetallism

• Classical Gold Standard

• Mitten Woods System

• The Flexible Exchange Rate Regime

WHat is the ECB's primary policy objective?

• close but above three percent

• close but above two percent

• close but below two percent

• close but below three percent

What is the main cost of a monetary union?

• loss of national monetary policy

• loss of national fiscal policy

• more currencies to be dealing with

• loss of education policy

What was the name of the cat on the slide?

• Kelly

• Nala

• Nelly

• Elly