Agri-Cor sells farm equipment throughout the euro zone. The company has noticed that some customers travel to countries where equipment sells for less to obtain a better deal. What implication of adopting the euro as a common currency does this situation demonstrate?

Multiple Choice

• It makes it easier to compare prices across Europe.
• It makes Europe an optimal currency area.
• It leads to higher prices in Europe.
• It decreases competition in Europe.
• It increases the profit margins of European producers.