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Author Question: Which of the following is true of the euro? A) It increases exchange-rate risk for business deals ... (Read 34 times)

nautica902

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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


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amandanbreshears

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Reply #1 on: Jul 7, 2018
Answer to Question 1

C

Answer to Question 2

A


nautica902

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Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

elyse44

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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