From firms’ perspective, it is not easy to reduce the number of regular workers once increased and it is difficult to reduce wages once raised.
b) Investors in any ECCU country can make an investment without worrying about the impact of a depreciation in the currency on their capital. c) Investors in any ECCU country can make an investment without worrying about exchange controls restricting repatriation of principal and interest. d) Also, investors in government securities do not have to worry about taxes on these investments.