QUESTION 42 For participating countries, a drawback of a single currency in Europe is that A. costs for doing business will increase. B. itwill be more difficult to attract imports. C. national authorities will lose control over monetary policy. D. itwill be more difficult to compare prices across Europe.
QUESTION 42 For participating countries, a drawback of a single currency in Europe is that A. costs for doing business will increase. B. itwill be more difficult to attract imports. C. national authorities will lose control over monetary policy. D. itwill be more difficult to compare prices across Europe.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:QUESTION 42
For participating countries, a drawback of a single currency
in Europe is that
A. costs for doing business will increase.
B. itwill be more difficult to attract imports.
C. national authorities wil| lose control over monetary
policy.
D. itwill be more difficult to compare prices across
Europe.
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