The birth of the euro on January 4, 1999, was smooth and uneventful in terms of both market volatility and operations. Several notable outcomes resulted from this event including: ________.

Question

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The birth of the euro also gave birth to a large public and corporate capital market denominated in the euro. This market has grown significantly since the inception of the euro, leading to increased efficiency and ease of cross-border transactions. Option A and B are not true as the birth of the euro was smooth and uneventful. Option D is incomplete and does not provide a clear outcome/result directly connected to the birth of the euro.

The Birth of the Euro on January 4, 1999, Was