The Single European Act set steps to accomplish monetary union in the European Union, including the creation of the euro.

Question

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The Single European Act primarily aimed at creating a single market within the European Union by 1992, focusing on free movement of goods, people, services, and capital. The steps towards monetary union, including the creation of the euro, were established later by the Maastricht Treaty in 1992.

The Single European Act Set Steps to Accomplish Monetary Union