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.

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Peter Kelley

2 March, 13:12

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.

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Answers (2)

Know the Answer?

Bailee Duke · Answer 1

Possibly C

Explanation:

I tried D and it was wrong

Karsyn Chase · Answer 2

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.