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The European Monetary Union (EMU) Which Came into Effect in January

Question 78

Multiple Choice

The European Monetary Union (EMU) which came into effect in January of 1999 includes


A) Britain, France, Germany, Spain, Italy and 6 other European countries.
B) The establishment of a new European Central Bank to coordinate monetary policy for the Euro-zone countries.
C) A new currency called the Euro, which will be put into circulation in all EMU countries no later than 2009.
D) All of these.

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