The common currency of most of the countries of the European Union is called
A) the euro-dollar.
B) the european currency unit (ECU).
C) the thaler.
D) the euro.
E) None of the above

Question

Quizplus · Accepted Answer

The euro is the currency created in 1999 and placed in circulation in 2002.The term "euro-dollar" refers to U.S.dollars kept in accounts in [foreign] banks not subject to the authority of the Federal Reserve Banks,and the ECU is the original name proposed for the euro and eventually abandoned.Thaler is an old European currency.

The Common Currency of Most of the Countries of the European