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Which of the Following Observations Is True of the Euro

Question 53

Multiple Choice
Which of the following observations is true of the euro?
A) It is used by all member states of the European Union.
B) While recommended, it is not required that participating countries give up their own currencies.
C) It required participating countries to give up control over monetary policy.
D) By adopting it, the EU created the most widely traded currency in the world.

Which of the following observations is true of the euro?


A) It is used by all member states of the European Union.
B) While recommended, it is not required that participating countries give up their own currencies.
C) It required participating countries to give up control over monetary policy.
D) By adopting it, the EU created the most widely traded currency in the world.

Correct Answer:

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