Question

What is the most likely reason some former communist nations refused to adopt the euro as their currency?1.They hoped eventually to return to a communist government.2.They had a strong economy and didn’t need a new currency.3.They felt unready or unwilling to merge with the European Union.4.They suspected the euro would lead to debt problems in the future.

Answer 1

Answer:

4.They suspected the euro would lead to debt problems in the future.

Explanation:

The introduction of the euro resulted, among other things, in inflationary pressures. In many countries, the prices of many products rose, actually. Several former communist countries were still in a period of transition and adaptation of their economies to EU rules, so their governments estimated they weren´t prepared for the euro.

Answer 2

Answer:

Possibly C

Explanation:

I tried D and it was wrong