What should happen once the euro has been completely integrated into the economies of the European Union (EU) ?
A) International trade between EU members will increase due to lower transaction costs of trade
B) Consumer prices will increase and income will fall
C) Trade between EU members will decrease due to the increased costs of using a multi-national currency
D) EU members will only trade with other members and stop trading with the rest of the world
E) None of the above
Correct Answer:
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