Author Question: Which of the following is true of the euro? A) It increases exchange-rate risk for business deals ... (Read 19 times)

nautica902 · **on:** Jul 7, 2018

Which of the following is true of the euro?

A) It increases exchange-rate risk for business deals between member nations.
B) It increases transaction costs.
C) It makes prices between markets more transparent.
D) It is not accepted among merchants in France, Germany, and Italy.

Question 2

For countries to become members of the European Union, they have to meet certain demands laid down by the EU referred to as the ________.

A) Copenhagen Criteria
B) Closer Economic Relations Agreement
C) Andean Community
D) Euro-Plus Pact