The single European currency, the euro, was adopted by 11 member nations on Janu

Question

The single European currency, the euro, was adopted by 11 member nations on January 1 of what year? (Points : 1)        1984
       1991
       1999
       2001

Question 2. 2. The massive privatization that is currently taking place in formerly socialist countries, will likely: (Points : 1)        eventually enhance the standard of living for these countries' citizens.
       depend on private investment.
       increase the opportunities available to these countries' citizens.
       all of the above.

Explanation / Answer

1984 eventually enhance the standard of living for these countries' citizens. has allowed many governments to have the funds to nationalize important industries. take advantage of under-priced labor services available in certain developing countries. liquidity, adjustments, and confidence. the price-specie-flow mechanism. British pound. Merchandise trade, services, portfolio investment, and unilateral transfers unresponsive to changes in exchange rates. payments and receipts of interest, dividends, and other income on foreign investments that were previously made.

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