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The European Monetary Union (EMU), Which Came into Effect in January

Question 71

Multiple Choice

The European Monetary Union (EMU) , which came into effect in January of 1999 includes


A) Britain, France, Germany, Spain, Italy, and six other European countries.
B) The establishment of a new European Central Bank to coordinate monetary policy for the Eurozone countries.
C) A new currency called the euro, which was put into circulation in all EMU countries.
D) All of these options.

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