What happened after the introduction of the euro as the common currency of many European countries?
A) It led to less international trade.
B) It reduced the costs of trading within Europe.
C) It led to greater differences in monetary policy amongst participating countries.
D) It reduced trade of some European countries with Canada.

Question

Quizplus · Accepted Answer

The introduction of the euro reduced the costs of trading within Europe as it eliminated the need for currency exchanges and reduced transaction costs. This led to an increase in international trade within Europe.

What Happened After the Introduction of the Euro as the Common