Which of the Following Is a Benefit of Adopting the Euro

question 58

Multiple Choice

Which of the following is a benefit of adopting the euro?

• A) The adoption of a common currency makes it easier to compare prices across Europe.
• B) The adoption of a common currency makes Europe an optimal currency area.
• C) The introduction of a common currency increases the range of investment options open only to institutions.
• D) The introduction of a common currency leads to higher prices which translate into substantial gains for European producers.
• E) The introduction of a common currency decreases competition because it has become easier for consumers to shop around.

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Definitions:

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