An agreement among countries to adopt a common currency is called a

Name: An agreement among countries to adopt a common currency is called a
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A currency union is an agreement among countries to adopt a common currency. Central bank consolidation refers to the merger of central banks, while monetary compact and common banking treaty are not specific terms used to describe a common currency agreement. Common monetary union is a similar term, but currency union is the more commonly used phrase.

An Agreement Among Countries to Adopt a Common Currency Is