The currency of the European Union, the euro, was established as part of the Bretton Woods agreements.

Question

Quizplus · Accepted Answer

The euro was not established as part of the Bretton Woods agreements. It was introduced as a physical currency in 2002, replacing many of the different currencies used by EU member states. Bretton Woods agreements, on the other hand, were signed in 1944 and established the US dollar as the world's dominant currency with fixed exchange rates between major currencies.

The Currency of the European Union, the Euro, Was Established