In 1998,the _______________ was established as a federal structure of the national central banks of the European Union.
A)European Monetary System
B)European Currency United
C)European Central Bank
D)European Monetary Institute

Question

Quizplus · Accepted Answer

The European Central Bank (ECB) was established in 1998 as a federal structure of the national central banks of the European Union. The European Monetary System (A) was created in 1979 and dissolved in 1999, while the European Currency United (B) and European Monetary Institute (D) are not correct names for the established structure.

In 1998,the _______________ Was Established as a Federal Structure of the National