In What Way Would a Country's Entry to the Eurozone

question 7

Multiple Choice

In what way would a country's entry to the eurozone (i.e. adoption of the euro as its currency) benefit that country's firms?

• A) It reduces the uncertainties of exchange rate fluctuations
• B) It reduces taxes paid to the Queen
• C) It helps 'disguise' the short-term loss in competitiveness
• D) Incomes are distributed equally across all people

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