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Jasmirah Furline
on Dec 19, 2024

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Which of the following is NOT an expected benefit of a common European currency?

A) A common currency will have political risks.
B) A common currency will contribute to higher productivity.
C) A common currency will produce lower inflation rates.
D) A common currency will eliminate economic risks.
E) A common currency will help create steady growth.

Common European Currency

The Euro, which is the official currency used by the majority of countries within the European Union.

Political Risks

The potential for losses or uncertainties in business operations due to political decisions, conditions, or changes in a country.

Higher Productivity

An increase in the efficiency of production, often through better utilization of resources, leading to greater output for the same amount of input.

  • Acquire knowledge on the contribution of key economic pacts such as NAFTA, the European Union, and APEC towards enhancing international trade.
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Nikira ArringtonDec 25, 2024
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