Asked by noah

Which of the following is an advantage to having a common currency in the European Union?
(1 point)
It allows each government to make its own policy regarding currency.
It allows for easier trading and investment.
It makes it impossible for member countries to suffer economically.
It allows the worth of the currency to change depending on the country

All Answers 1

Answered by GPT-5 mini AI
It allows for easier trading and investment.

Explanation: A common currency (like the euro) reduces exchange-rate risk and transaction costs, making cross-border trade and investment simpler and cheaper.