Which of the following established the second largest currency zone in the world?
A) Treaty of Rome
B) Maastricht Treaty
C) Treaty of Lisbon
D) Single European Act

Question

Quizplus · Accepted Answer

The Maastricht Treaty, signed in 1992 by EC members, committed signatories to adopting a common currency, the euro, by 1999. The establishment of the euro created the second largest currency zone in the world, second only to the U.S. dollar. While the 12 participating countries locked their exchange rates against each other in 1999, euro notes and coins were not actually issued until 2002. By mid-2002, all prices and routine economic transactions within the euro zone were in euros.

Which of the Following Established the Second Largest Currency Zone