rickeyhunter8 rickeyhunter8

12-05-2021
Geography

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What advantages did adopting a single currency, the euro, give Europeans? (Site 1)

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logan070 logan070

12-05-2021

Answer: 1. The euro lowered transaction costs trading within Eurozone. 2. Greater price transparency. 3. Eliminate exchange rate 4. Incentives to for countries to keep inflation low. 5. Increased trade and tourism with Eurozone area.

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