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What are the pros and cons of the euro currency area? The euro is a global...

What are the pros and cons of the euro currency area?

The euro is a global currency adopted by countries around the world.

The US is considering adopting the Euro because of the trade benefits.

The Euro allows individual members of the European Union to control their own exchange rates.

The Euro improves economic integration of European members, but some members are having a difficult time with the discpline associated with a loss of control over their currency.

All of the above.
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Answer #1

Euro is the currency adopted by the member nations of Eurozone and not a global currency and US has never considered adopting it. It takes away the autonomy of the nation to manage its own currency. But it does create a unified currency area.

the answer is "D".

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