The Formation of the European Monetary Union Is Expected to Entail

question 13

Multiple Choice

The formation of the European Monetary Union is expected to entail benefits for member countries which include all of the following EXCEPT

• A) greater certainty for investors within the EMU.
• B) lower costs of transactions within the EMU.
• C) independent monetary policies run by the central bank of each member country.
• D) enhanced competition among companies in member countries.

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