Question

Would you recommend a single currency for ASEAN, specifically for South East Asian countries? Explain your...

Would you recommend a single currency for ASEAN, specifically for South East Asian countries? Explain your answer.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Ans:- Single currency is very helpful for ASEAN region.Single currency offers various benefits to the South Asian Region.Because single currency reduced the exchange cost and variation risk.It give stability of money to the South Asian Region , it help the government for better planning for the upcoming years.The single currency give economic stability that help to decrease the insecurities and also increases the assets of South Asian countries.It give benefit to the industries also .If the industries are developed the unemployment level decreased.A single currency is less dangerous and cost effective .

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Assume the following: North is in front of you, South is behind you, East is to...
Assume the following: North is in front of you, South is behind you, East is to your right and West is to you left. An electron is moving at 2.0 x 107 m/s West. The earth's magnetic field is 0.0015-T and points upward. What is the magnitude of the force on the electron? Answer: x 10-15 N The direction of the force is (N, S, E or W)? Answer:  
Some southeastern countries in Asia are, on average, poorer than northern Asian countries like Japan and...
Some southeastern countries in Asia are, on average, poorer than northern Asian countries like Japan and South Korea. But they have higher growth rates of real GDP per capita, on average, than northern countries. These facts: A. do not allow us to determine whether conditional convergence is occurring because we do not know all of the other parameters that characterize southeastern and northern countries. B. allow us to conclude that conditional convergence is occurring. C. allow us to conclude that...
If your MARR is 6%, what is the NPV for your single investment. Will you recommend...
If your MARR is 6%, what is the NPV for your single investment. Will you recommend the purchase? Use Excel and a table. GIVEN Purchase Price for the machine = $$66,000 Savings per year = $12,000 for 8 years Sell the machine at end of year 8 for a SV of $10,000
Select a Canadian company’s exported product. Explain the adaptations that you would recommend be made to...
Select a Canadian company’s exported product. Explain the adaptations that you would recommend be made to export the product into a new market. Identify the market and explain your recommendations.
Identify two highly corrupt countries and explain why you think these countries are highly corrupt. Where...
Identify two highly corrupt countries and explain why you think these countries are highly corrupt. Where does Canada rank on this index and why do you think it has that ranking? suggestion for the upper question.so in the given question, the 2 highly corrupt countries are Somalia and South Sudan and Canada rank at 12 the number. and the CPI showed in the question states that Canada CPI score in 2011 was 84 , 2012-2013 was 81 ,2015-16 was 82...
The devaluation of currency would normally eliminate a deficit on the current account of the balance...
The devaluation of currency would normally eliminate a deficit on the current account of the balance of payments in countries with a flexible exchange rate system. But this is not always the case. Could you explain why it might not happen always? thank you for answer in advance
1.Check all the conditions below that are offered as explanations for why we might expect countries'...
1.Check all the conditions below that are offered as explanations for why we might expect countries' real GDP per capita to converge, i.e. low income countries to catch up to higher income countries. < low income countries can "borrow" technology that has already been developmed < international travel is allowed < countries will all end up using a single currency < higher income countries will buy goods from lower income countries < law of diminishing returns means that countries with...
Explain the difference between the cash and accrual basis. Which would you recommend and why?
Explain the difference between the cash and accrual basis. Which would you recommend and why?
Explain specifically why firms’ should be held liable when targeting developing countries for low wage labor...
Explain specifically why firms’ should be held liable when targeting developing countries for low wage labor by providing real time examples. Hint: you may cite the experience of Nike and Reebok in Asia and Nestlé’s involvement in the cocoa planation in West Africa.
If the U.S. government is worried about high inflation. What policy you would recommend they use?...
If the U.S. government is worried about high inflation. What policy you would recommend they use? a. Sell dollars for foreign currency b. Buy dollars with foreign currency c. Lower interest rates d. none of the above
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT