Original sentence: If ever an economic crisis were to strike specifically the country it would have to rely only on fiscal policy and labour market reforms.The expected practical advantages of a euro adoption are a decrease of transaction costs with the eurozone, a better transparency of foreign markets for Danish consumers, and more importantly a decrease of the interest rates which has a positive effect on growth
Edited sentence: And the present ability, if needed, to leave the ERM leaves Denmark great flexibility at very little cost.As in the Greek example, if ever Danish uncompetitive labor costs or inflationary fiscal policies led to unmanageable budget deficits, chronic current acount deficits or prolonged economic recession,  it would have to rely only on fiscal policy and labour market reforms.But in many countries e.The expected practical advantages of a euro adoption are a slight decrease of transaction costs with the eurozone, a better transparency of foreign markets for Danish consumers (though the currency peg does this too), and more importantly a decrease of the interest rates which has a positive effect on growth (though the same rates could be achieved by a non-inflationary  domestic monetary policy).g Switzerland, currency intervention has been futile, and it has been cheaper to let the market decide