The European Union created a single monetary unit to replace the national currencies of seventeen out of the 27 member nations.This new common currency is known as the:
A)E-dollar.
B)pound.
C)mark.
D)euro.

Question

Quizplus · Accepted Answer

The correct answer is D - euro. The European Union created the euro as a single monetary unit to replace the national currencies of seventeen out of the 27 member nations. The euro is currently used by 19 countries in the European Union as their official currency.

The European Union Created a Single Monetary Unit to Replace