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The euro raplaced member state currencies in 1999 to establish a single currency area under EMU. Give three advantages to single currency for members


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The euro raplaced member state currencies in 1999 to establish a single currency area under EMU. Give three advantages to single currency for members and suggest the reasons why some countries opted to remain outside of the EMU.

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Three advantages of a single currency for member countries in the Economic and Monetary Union EMU include 1 Elimination of Exchange Rate Risk Member c... blur-text-image

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