Skip to Main Content

Home Categories

Quiz Builder

Free quiz building from a large question library, with custom questions and first-party online play.

Pro

AI quiz building, image questions, private quizzes, and advanced export workflows for serious creators.

API

Authenticated API access for builders creating their own quiz apps, workflows, and integrations.

Color scheme

© QuestionStock

Library snapshot4,089 questions30 categories

All systems operational

Categories Features Quiz Builder Pro API

About Pricing Quizzes Support Contact

Status API docs Terms Privacy

Which of the following is a classic criterion for an opti... | QuestionStock

Representative image for question: Which of the following is a classic criterion for an optimal currency area (OCA)?

Categories
Economics

Which of the following is a classic criterion for an optimal currency area (OCA)?

Medium

Create a free account to see more questions and build your own quiz.

Which of the following is a classic criterion for an optimal currency area (OCA)?

Options:

High labor mobility across regions within the area
Large, centralized domestic fiscal deficits
Fixed nominal exchange rates among member countries
Low correlation of business cycles across member regions

Correct answer: High labor mobility across regions within the area

Explanation: Mundell's OCA criteria emphasize labor mobility as a key adjustment mechanism; high cross-region labor mobility reduces asymmetric-shock costs. Robert Mundell articulated this idea in 1961.

Created 2026-03-10T18:50:11.271Z. Updated 2026-03-10T18:50:11.271Z.