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Natasha_Volkova [10]
3 years ago
10

The price of a bouquet of roses in France is 4 euros. Tom Smith, a frequent international traveler found that a similar bouquet

of roses cost only 3 euros in Germany. A benefit of adopting the euro as a common currency is that it
Business
1 answer:
77julia77 [94]3 years ago
7 0

A benefit of adopting the euro as a common currency is that it makes it easier to compare prices across Europe.

<h3><u>Explanation:</u></h3>

When the same currency type is used in different group of people or different geographic locations, it refers to the common currency. In European Nations the common currency that is being used in Euro and in U.S the common currency used is dollar. There are many benefits that are associated with the usage of common currency.

It helps in reduction of transaction cost, Price transparency, expands markets, enhances the currency stability,etc.In the example given, the prices of roses at different regions of Europe were found to be different. The prices of the rises are expressed in Euros. The use of common currency here facilitates and makes easier to compare prices across Europe.

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<span>Graduate refers to someone who is going for a degree that is beyond a Bachelor's Degree. (Ex. Master's Degree or PhD.) </span>
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3 years ago
The consumer sales promotion that involves the use of a brand-name product in a movie, television show, video game, or a commerc
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Answer:

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<h3>What is Export Subsidy?</h3>

This refers to the government policy which is meant to discourage export of goods with the aim of regulating the economy which usually leads to the increase in the amount of customer surplus in the market.

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Read more about export subsidy here:
brainly.com/question/7193712

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