All of the following are true of the euro EXCEPT that it ________.
A)eliminates exchange rate risk for business deals between members
B)reduces transaction costs by eliminating the cost of converting currencies
C)makes prices between markets more transparent
D)is not accepted among merchants in France,Germany,and Italy

Question

Quizplus · Accepted Answer

This statement is false; the euro is widely accepted among merchants in France, Germany, and Italy.

All of the Following Are True of the Euro EXCEPT