The ________ called for banking in a single common currency, setting up monetary and fiscal targets for countries taking part in monetary union, and political union of member nations.
A) Maastricht Treaty
B) European Monetary Union
C) Single European Act
D) Copenhagen Criteria

Question

Quizplus · Accepted Answer

The Maastricht Treaty was a treaty signed in 1992 that created the European Union and led to the establishment of the European Monetary Union, which called for banking in a single common currency (the euro), setting up monetary and fiscal targets for countries taking part in monetary union, and the eventual creation of a political union of member nations.

The ________ Called for Banking in a Single Common Currency