Which of the following unified European markets and introduced the euro as the common currency?
A) Trans Atlantic Trade and Investment Partnership
B) Single European Act
C) North American Free Trade Agreement
D) Mercosur

Question

Quizplus · Accepted Answer

The Single European Act of 1986 created a unified European market, removing barriers to trade and capital flows among member countries. The act also laid the groundwork for the introduction of the euro as the common currency in 1999. The Trans Atlantic Trade and Investment Partnership and North American Free Trade Agreement relate to trade agreements, but do not pertain specifically to the unification of markets within a region. Mercosur is a South American trade bloc and does not involve European countries.

Which of the Following Unified European Markets and Introduced the Euro