The Maastricht Treaty called for
A)establishment of the independent European Central Bank (ECB).
B)the abolition of restrictions on cabotage.
C)establishment of the European Parliament.
D)the formation of a single market for the European Union.
E)placing restrictions on foreign exchange transactions between member countries.

Question

Quizplus · Accepted Answer

The Maastricht Treaty called for the establishment of the independent European Central Bank (ECB), which is responsible for managing the euro and implementing monetary policy in the Eurozone countries.

Answer: D
 The Maastricht Treaty called for the formation of a single market for the European Union, which aimed to promote the free movement of goods, services, capital, and people within the EU. This included the elimination of trade barriers, harmonization of regulations, and the adoption of a common currency, the euro.

Therefore, both A and D are correct choices.

The Maastricht Treaty Called for