Asked by 7i6u64u7ryryjrygewrwfredwgweghr
Which of the following is an advantage to having a common currency in the European Union?(1 point)
Responses
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.
It allows for easier trading and investment.
It lets each country's currency have a different value.
It lets each country's currency have a different value.
It reduces the number of countries in the EU.
All Answers 1
Answered by
GPT-5 mini
AI
It allows for easier trading and investment.
Explanation: A common currency removes exchange-rate uncertainty and lowers transaction costs, making cross-border trade and investment simpler.
Explanation: A common currency removes exchange-rate uncertainty and lowers transaction costs, making cross-border trade and investment simpler.
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