Geographical factor mobility and product diversification

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Explain in detail the important aspects and why those aspects occur for optimum currency areas: geographical factor mobility; intra- and inter-industry factor mobility; price and wage flexibility; degree of openness; and product diversification.

Reference no: EM131387098

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Geographical factor mobility and product diversification : Explain in detail the important aspects and why those aspects occur for optimum currency areas: geographical factor mobility; intra- and inter-industry factor mobility; price and wage flexibility; degree of openness; and product diversification.

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