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 allows each government to make its own policy regarding currency.
It allows each government to make its own policy regarding 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.
1 answer
The advantage of having a common currency in the European Union is:
It allows for easier trading and investment.
Having a common currency, such as the Euro, eliminates the need for currency conversions, reduces transaction costs, and helps stabilize prices across member countries, facilitating trade and investment.
