Which of the following is seen as a benefit of the euro?
A) Governments gaining greater control over their monetary policies
B) Reduced competition in most industries
C) Zero interest expense for businesses
D) Lower foreign exchange and hedging costs

Question

Quizplus · Accepted Answer

Because of the euro, businesses and individuals will realize significant savings from having to handle one currency, rather than many. These savings come from lower foreign exchange and hedging costs.

Which of the Following Is Seen as a Benefit of the Euro