International firms operating within the Eurozone are less concerned about currency risk than international firms operating outside the Eurozone mainly because of the ________.
A) tax haven privileges in the bloc
B) consistently favorable exchange rates for the bloc
C) use of a single currency within the bloc
D) economic bloc restrictions that are applicable to all the firms

Question

Quizplus · Accepted Answer

The use of a single currency within the Eurozone reduces the need for currency exchange and management of exchange rate fluctuations for transactions within the bloc, thereby lowering currency risk for international firms operating within it.

International Firms Operating Within the Eurozone Are Less Concerned About