One important component of the Maastricht Treaty was the establishment of economic and monetary union among EU members.

Name: One important component of the Maastricht Treaty was the establishment of economic and monetary union among EU members.
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The Maastricht Treaty, signed in 1992, laid the groundwork for the creation of the European Union (EU) and included provisions for the establishment of an economic and monetary union, which eventually led to the introduction of the euro currency.

One Important Component of the Maastricht Treaty Was the Establishment