A natural region over which a single currency dominates as a medium of exchange is called
A) sovereign nation.
B) monetary union area.
C) common currency area.
D) currency union.

Question

Quizplus · Accepted Answer

A common currency area is a region where a single currency is used as the medium of exchange, facilitating trade and economic stability within that region.

A Natural Region Over Which a Single Currency Dominates as a Medium