Business

Business, 21.08.2019 23:30, claou6531

How many countries in the european union still use their own currency?

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Social Studies, 24.07.2019 18:30, mostman077

Beginning in 1995, most countries in the european union started to switch to a common currency. the values of different european currencies were linked to the euro. countries in the european union could then trade without converting currency. why would adopting a common currency be for european traders?

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History, 30.07.2019 00:00, bella2284

Beginning in 1995, most countries in the european union started to switch to a common currency. the values of different european currencies were linked to the euro. countries in the european union could then trade without converting currency. why would adopting a common currency be for european traders? european traders can import more goods because the euro is strong. poorer countries in europe became richer because their currency was converted to the euro. wages will be the same in each european country because everyone is being paid in the same currency. exchange between european countries is easier because they are using the same currency.

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History, 30.07.2019 00:00, santileiva123199

Beginning in 1995, most countries in the european union started to switch to a common currency. the values of different european currencies were linked to the euro. countries in the european union could then trade without converting currency. why would adopting a common currency be for european traders? european traders can import more goods because the euro is strong. poorer countries in europe became richer because their currency was converted to the euro. wages will be the same in each european country because everyone is being paid in the same currency. exchange between european countries is easier because they are using the same currency.

Answers: 2

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English, 15.10.2019 01:20, iamasia06

Switching from dozens of individual currencies to a single currency was not a simple process. yet in the long run, both the european union countries and visitors are beneficiaries of the decision which paraphrase best mirrors the meaning of the lines quoted above? a. many countries in europe decided to give up their traditional currencies in favor of the euro so as to to facilitate tourism b. although the process of switching to a single currency was tedious, it the european countries and its people. c. although switching to a single currency was difficult, it benefited both european union countries and tourists. d. switching to a sinale currency enabled european union countries to carry out hassle-free trade with other countries.

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