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25 June, 04:38

fundamental problem in international economics is how to produce5) A) a counter-cyclical monetary policy so that all countries will not be adversely affected by afinancial crisis in one country. B) a worldwide form of currency. C) a perfect degree of monetary harmony.

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  1. 25 June, 05:00
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    D) an acceptable degree of harmony among the international trade policies of different countries

    Explanation:

    One of the greatest successes of the World Trade Organization was to decrease trade barriers between countries and increase international trade. Globalization is the main result of implementing successful trading policies between nations. Whether some politicians or some people like it or not, the world has shrunk and almost every government in the world encourages greater trade.
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