Which of the Following Is an Advantage Created by the Adoption

question 33

Multiple Choice

Which of the following is an advantage created by the adoption of the euro?

• A)European countries with previously weak currencies are more attractive markets.
• B)It is the last step necessary for the countries of Europe to act like a single entity.
• C)A homogeneous European market has been created.
• D)Countries outside of Europe no longer face trade obstacles within Europe.
• E)It has decreased the annual combined GDP.

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Definitions:

Voltage Regulator

A device that maintains a constant voltage level automatically, protecting electronic components from fluctuations in the power supply.

Functioning Properly

The state of operating or performing within the intended or expected parameters, without malfunction or failure.

Rectifier

An electrical device that converts alternating current (AC) to direct current (DC), commonly used in power supply systems.

AC

Short for Alternating Current, a type of electrical current in which the flow of electric charge periodically reverses direction.