Which of the following statements best describes the impact of the euro, as Europe's single currency?
A) The euro has failed as a common currency.
B) The euro has significantly decreased its value relative to the dollar since its inception.
C) The euro has seen prices in all areas that adopt it decrease, since it makes international transactions easier.
D) The euro has displaced the dollar as the standard currency for all international transactions.
Correct Answer:
Verified
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