asked 66.0k views
1 vote
Beginning in 1995, most countries in the European Union started to switch to a common currency. The values of different European currencies were linked to the euro. Countries in the European Union could then trade without converting currency. Why would adopting a common currency be helpful for European traders?

European traders can import more goods because the euro is strong.
Poorer countries in Europe became richer because their currency was converted to the euro.
Wages will be the same in each European country because everyone is being paid in the same currency.
Exchange between European countries is easier because they are using the same currency.

2 Answers

2 votes

Answer:

D. Exchange between European countries is easier because they are using the same currency

Step-by-step explanation:

I did the test.

Hope this helps:)

answered
User MarcoZen
by
8.7k points
3 votes

The answer is D. Exchange between European countries is easier because they are using the same currency

(I've done the test)

:D Hope you do good~

answered
User Cyotee Doge
by
7.5k points
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