What are four economic advantages of the euro for Europe? What are three disadvantages of the euro for Europe? If all currencies were on a gold standard, there would be no exchange rates between...

What are four economic advantages of the euro for Europe? What are three disadvantages of the euro for Europe? If all currencies were on a gold standard, there would be no exchange rates between currencies and we would not face the difficulties presented by fluctuating exchange rates. a. What would be the benefit of having all currencies on a gold standard? b. What would be the cost? (Austrian)