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Because the Danish Kroner Is Pegged Closely to the Value

Question 37

Multiple Choice

Because the Danish Kroner is pegged closely to the value of the Euro,___________________________.


A) Danish consumers pay considerably less for products produced in Europe than in Denmark
B) Danish consumers pay considerably more for products produced in Europe than in Denmark
C) pricing in Kroner or Euro is almost equivalent
D) high volatility surrounds Kroner/Euro transactions

Correct Answer:

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