
Which of the following is NOT true about the European Union (EU) ?
A) The EU is a confederation of twenty-seven countries.
B) The EU is a federation of twenty-seven countries.
C) Seventeen of the EU countries have adopted a common currency-the euro.
D) EU countries like Greece, Portugal, and Ireland have had financial difficulties of late.
E) The European Central Bank is prohibited from bailing out member countries in difficulty.
Correct Answer:
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