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A single currency allows for buyers to engage "comparison shopping" which may produce one disadvantage, more competition. Another advantage of a single currency is the more widely a currency is used, the more useful it becomes in trade because often having different currencies can act as a barrier in trade.
With more trade options for countries there may also come some other obstacles, but as a result of more trade, usually comes better economies. In such economies as Greece, Spain, and Portugal improvements of macroeconomic conditions and emerging new markets have changed the patterns and behaviors of the business communities, as interest rates for investment loans declined enormously and new markets for capital became available (Bartzokas, Investing in Southern Europe)...
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