Once a nation joins a currency union, the decision may be too costly to reverse because...

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Once a nation joins a currency union, the decision may be too costly to reverse because it will require: O reprinting the national currency and changing the accounting structure. O having to return all the common currency in its treasury. withdrawal from the electronic payments system with its former currency union partners. renegotiating a new trade regime with the countries that remain in the union. Once a nation joins a currency union, the decision may be too costly to reverse because it will require: O reprinting the national currency and changing the accounting structure. O having to return all the common currency in its treasury. withdrawal from the electronic payments system with its former currency union partners. renegotiating a new trade regime with the countries that remain in the union.

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d renegoti ating a new trade regime with the countries that remain in ... View the full answer