What three factors determine whether two economies with, Econometrics

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What three factors determine whether two economies with

1. What three factors determine whether two economies with separate fiscal and monetary authorities should form a currency union? Give an illustration of each factor using NAFTA economies.

2. Would yogurt or Prada handbags have wider price variation in a free trade area like the European Union? Why?

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Econometrics: What three factors determine whether two economies with

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