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Economics (AS & A Level) · Oct / Nov 2025 · Paper 31 · Question 27

9708Globalisation

What occurs in a monetary union?

  1. ACountries have the same currency.
  2. BCountries use the same fiscal policy.
  3. CCountries have the same domestic rates of sales tax.
  4. DThe government budget in each country is balanced.

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Correct answer: A. Countries have the same currency.

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