The stated goal of the European Union is to eventually transform the euro to be a challenger to the U.S.dollar in its role as a preferred third-country currency.

Question

Quizplus · Accepted Answer

The European Union has indeed expressed the goal of eventually challenging the U.S. dollar with the euro as a third-country currency. This would involve increasing the use of the euro in international trade and investment and reducing reliance on the U.S. dollar as a global reserve currency. However, this is a long-term goal that may take many years to achieve, if it is achievable at all.

The Stated Goal of the European Union Is to Eventually