Having a common currency in most of Europe has made it easier for all of the following EXCEPT
A) households to buy across borders.
B) businesses to sell across borders.
C) households and firms to invest across borders.
D) countries to allow their currencies to depreciate to spur exports.

Question

Quizplus · Accepted Answer

Having a common currency eliminates the ability for individual countries to control their own exchange rates and allow their currency to depreciate in order to stimulate exports.

Having a Common Currency in Most of Europe Has Made