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It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
It is not necessarily needed, but for economic cooperation, it is easier if the countries are using the same currency.
What else can I help you with?
Why is the European Union having trouble creating a common currency?
The EU (European Union) is not having trouble creating a common currency. It has already created it as of 2002.
What is the name of the currency used in the EU?
EUros
What is the currency name used in the EU?
euro
What is the currency of MOST of the EU countries?
the euro
What does EU stand for and how many countries are in the EU in international Business?
EU, I think means euro, like the currency of Europe €
Role of the EU in tourism?
If EU represent EURO currency, the advantage is that in Europe many countries have adopted EU for transactions. Tourists and travellors need not exchange currency.
How does creation of Eu trading bloc unit Europe?
A trading bloc accounts for free trading among nations. There is freetrade althroughout the EU (in addition to other European countries). This helps the economies of the EU countries grow, in addition to having a universal currency: the Euro.
Is Hungray Part of the EU?
Hungary joined the EU in 2004, but has not yet joined the Euro currency.
What was the original name EU's common currency?
Franks.
Has the EU created a single market?
The EU has created a single market and strives to do so in the future.
What is the current Italian currency?
The euro is the current Italian currency. Italy is a member of the European Union. Use of the euro isn't a requirement of EU membership. For example, Sweden is an EU member that doesn't use the euro. Italy is an example of an EU member that does.
What are advantages of using the euro?
The biggest savings is in trade between one country and the EU, or between the EU states. Conversion of currency is complex and needs a vast accounting system. Businesses would need to hedge against currencies if they sell products in different countries that use different currencies. One common currency in the EU makes this process much easier. Another advantage to the EU states is the power of their currency as a reserve currency for the world. A currency held by many states is more attractive as a reserve currency as the market for the currency is more liquid.
