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Question
Which of the following is a benefit of adopting the euro?
A. The adoption of a common currency makes it easier to compare prices across Europe.
B. The adoption of a common currency makes Europe an optimal currency area.
C. The introduction of a common currency increases the range of investment options open only to institutions.
D. The introduction of a common currency leads to higher prices which translate into substantial gains for European producers.
E. The introduction of a common currency decreases competition because it has become easier for consumers to shop around.
Answer
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