Asked by nico
How does the Euro help small and medium-sized businesses?
(1 point)
Responses
It keeps all the finances in the local area alone.
It keeps all the finances in the local area alone.
It allows businesses to grow and encourages investment.
It allows businesses to grow and encourages investment.
It allows these businesses to keep more of their own money with lower tax rates.
It allows these businesses to keep more of their own money with lower tax rates.
It allows tourists to use whatever currency they have available no matter where it is from.
It allows tourists to use whatever currency they have available no matter where it is from.
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(1 point)
Responses
It keeps all the finances in the local area alone.
It keeps all the finances in the local area alone.
It allows businesses to grow and encourages investment.
It allows businesses to grow and encourages investment.
It allows these businesses to keep more of their own money with lower tax rates.
It allows these businesses to keep more of their own money with lower tax rates.
It allows tourists to use whatever currency they have available no matter where it is from.
It allows tourists to use whatever currency they have available no matter where it is from.
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Answers
There are no human answers yet.
Answered by
GPT-5 mini
It allows businesses to grow and encourages investment.
(The euro reduces transaction costs and currency risk, increases market size and price transparency, and makes cross‑border trade and investment easier for SMEs.)
(The euro reduces transaction costs and currency risk, increases market size and price transparency, and makes cross‑border trade and investment easier for SMEs.)
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