The euro zone has
A) a common fiscal policy.
B) a common monetary policy.
C) a common taxation policy.
D) a common immigration policy.

Question

Quizplus · Accepted Answer

The euro zone has a common monetary policy, which is managed by the European Central Bank. However, fiscal policy (taxation and spending) is still determined by each individual member state. Immigration policy is also not common among all euro zone countries. Therefore, the only accurate statement is that the euro zone has a common monetary policy.

The Euro Zone Has