Beginning in 1995, most countries in the European Union started to switch to a common currency. The values of different European
currencies were linked to the euro. Countries in the European Union could then trade without converting currency. Why would adopting a common currency be helpful for European traders? European traders can import more goods because the euro is strong.
Poorer countries in Europe became richer because their currency was converted to the euro.
Wages will be the same in each European country because everyone is being paid in the same currency.
Exchange between European countries is easier because they are using the same currency.
Types of interest for 1, 2, 3, and 4 are in different categories. I had to do this same worksheet a week ago and I got an A+. Can you write out the questions under the replies ??
