What is the most likely reason some former communist nations refused to adopt the euro as their currency?1. They hoped eventually to return to a communist government. 2. They had a strong economy and didn't need a new currency. 3. They felt unready or unwilling to merge with the European Union. 4. They suspected the euro would lead to debt problems in the future.

Question

History

Jonah Brock

27 May, 21:26

What is the most likely reason some former communist nations refused to adopt the euro as their currency?1. They hoped eventually to return to a communist government. 2. They had a strong economy and didn't need a new currency. 3. They felt unready or unwilling to merge with the European Union. 4. They suspected the euro would lead to debt problems in the future.

+1

Answers (2)

Know the Answer?

Milagros Lynn · Answer 1

4. They suspected the euro would lead to debt problems in the future.

Explanation:

The introduction of the euro resulted, among other things, in inflationary pressures. In many countries, the prices of many products rose, actually. Several former communist countries were still in a period of transition and adaptation of their economies to EU rules, so their governments estimated they weren't prepared for the euro.

Bridget Stevens · Answer 2

Possibly C

Explanation:

I tried D and it was wrong