Why was the change to a single currency difficult for many European nations?
a) They could no longer reduce their national debut by devaluing their currency.
b) They no longer controlled their own factories for minting coins and printing currency.
Consider This: Not every European nation was as prosperous as Germany. See 15.2.2: The Crowning Touch.
c) They could no longer hide national treasure in safe deposit boxes.
Consider This: Not every European nation was as prosperous as Germany. See 15.2.2: The Crowning Touch.
d) They no longer had any control over inflation in their own country.
Consider This: Not every European nation was as prosperous as Germany. See 15.2.2: The Crowning Touch.
a) They could no longer reduce their national debut by devaluing their currency.
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