Which of the following observations is not true of the euro?
A) It is used by all member states of the European Union.
B) It required participating countries to 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 second most widely traded currency in the world.

Question

Quizplus · Accepted Answer

The euro is not used by all member states of the European Union. Some countries, such as Denmark and the United Kingdom, have opted out of using the euro as their currency.

Which of the Following Observations Is Not True of the Euro