Which of the following is an advantage (a positive thing) to having a common currency in the European Union?

Question

Currency: The money used in a particular country is called its currency.

(1 point)
Responses

It allows each government to make it's own policies about currency.
It allows each government to make it's own policies about currency.

It allows the worth of the currency to change depending on the country.
It allows the worth of the currency to change depending on the country.

It makes it impossible for member countries to suffer economically.
It makes it impossible for member countries to suffer economically.

It allows for easier trading and investment.

Answer 1

The advantage of having a common currency in the European Union is:

It allows for easier trading and investment.

A common currency eliminates exchange rate fluctuations between member countries, making trade and investment more straightforward and predictable.