Euro Cash Launch

Advice: Read the text and listen to the audio several times before answering the questions.  If you can, don't look at the text while answering the questions.

1. The single currency makes it less obvious if prices are different.
true false

2. A consumer is:
a. the store owner
b. the customer
c. the person who makes the euro

3. As of January 2002, _______ countries adopted the new banknotes and coins.
a. 11 
b. 12
c. 15

4. A disadvantage of the Euro is elimination of currency risk.
true false

5. A changeover is:
a. a reinforcement of a current system b. a conversion from one system to another

6. A synonym for "was introduced"-
a. made its debut
b. made its way out
c. made its exit

7. The economic effects of the Euro have been in place since 1999.
true false

8. The European Central Bank sets the interests rates for all Euro countries.
true false

9. Germany could do with lower interests rates in order to:
a. slow down the economy
b. develop the economy
c. a & b

10. Cross border trade is the buying and selling of goods or services between countries.
true false

Your score is : 


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