The introduction of the euro as a hard currency:
A) is sufficient to create a single market for European business
B) is a necessary, but not a sufficient, step towards the creation of a single market for European business
C) is neither a necessary, nor a sufficient, step towards the creation of a single market for European business
D) is both a necessary and a sufficient step towards the creation of a single market for European business

Question

Quizplus · Accepted Answer

The euro facilitates trade and investment among member countries by eliminating exchange rate fluctuations, but other measures, such as harmonizing regulations and standards, are also needed to create a fully integrated single market.

The Introduction of the Euro as a Hard Currency