The introduction of the euro by EU resulted in multifaceted advantages which include:

The introduction of the euro by EU resulted in multifaceted advantages which include:



A) elimination of costs associated with currency conversion.
B) fixed exchange rate worldwide.
C) elimination of paper currency and coins.
D) withdrawal of French Francs from circulation.
E) a choice for using local or European currency.


Answer: A) elimination of costs associated with currency conversion.


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