More than 70 percent of the exports of less developed countries are invoiced using the euro.

Name: More than 70 percent of the exports of less developed countries are invoiced using the euro.
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According to a study by the International Chamber of Commerce, only around 30 percent of the exports of less developed countries are invoiced using the euro. The majority of these countries still invoice in US dollars.

More Than 70 Percent of the Exports of Less Developed