Vidyalelo
Management · Q44

International Finance and Treasury

Graduate and Post Graduate · Management · question 44

Q44

A group of European countries have formed a union and created a common currency known as __________

A.
the EU currency
B.
the European Union
C.
the EMU
D.
the Euro
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
A group of European countries have formed a union and created a common currency known as the Euro. The European Union (EU) is a group of 28 countries that operates as a cohesive economic and political block. Nineteen of the countries use the euro as their official currency.