The most important component of the Maastricht Treaty was the establishment of economic and monetary union among European Union members.

Question

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The establishment of economic and monetary union, which included the creation of the euro currency and a common monetary policy, was a key goal of the Maastricht Treaty signed in 1992. This component aimed to pave the way for deeper integration and a more closely aligned economic policy among EU members.

The Most Important Component of the Maastricht Treaty Was the Establishment