The countries of the European Union that have adopted the euro as their currency are known collectively as ___________.
A) European Central Bank
B) UKIP
C) the Eurozone
D) European common market

Question

Quizplus · Accepted Answer

The Eurozone refers to the group of 19 countries in the European Union that have adopted the euro as their official currency. The European Central Bank is the institution responsible for overseeing monetary policy in the Eurozone. UKIP (United Kingdom Independence Party) is a political party in the United Kingdom that advocates for the UK to leave the EU and has no affiliation with the countries that use the euro. The European common market refers to the economic union of European countries that allows for free movement of goods, services, and people within its borders.

The Countries of the European Union That Have Adopted the Euro