In 1992, the European Union decided to create an economic as well as a
In 1992, the European Union decided to create an economic as well as a monetary union involving the introduction of
A) a pegged currency known as the euro.
B) a managed currency know as the ecu.
C) a freely floating exchange rate for a currency known as the euro.
D) a single European currency managed by a European central bank.
ANSWER
Answer: D
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