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What benefits does using a single currency

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Reference no: EM133248296

2-in three hundred words please explain 

  • What benefits does using a single currency, the euro, provide to European countries?
  • What challenges does the European Central Bank face in developing monetary policy for the EU?
  • What is the effect of a weak euro on European exporters? What is the effect on European consumers?

1-in three hundred words please explain 

  • How does Markel Corporation gain and lose from fluctuating exchange rates?
  • What is hedging? Why do firms that do international business engage in hedging?
  • What is a forward contract? How do such contracts help Markel?

Reference no: EM133248296

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