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Using what you know about arbitrage, how has the introduction of the euro affected the possibility of arbitrage? It has increased the possibilities for arbitrage

Using what you know about arbitrage, how has the introduction of the euro affected the possibility of arbitrage?

It has increased the possibilities for arbitrage within Europe.

It has not affected the possibilities for arbitrage within Europe.

It has eliminated the possibility of arbitrage within Europe.

It has eliminated the possibility of arbitrage based on exchange

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rate differences within Europe.

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