The European Union created a single monetary unit to replace the national currencies of 12 member nations. This common currency is known as the
A) e-dollar.
B) pound.
C) mercosur.
D) euro.

Question

Quizplus · Accepted Answer

The euro is the common currency created by the European Union, and it replaced the national currencies of 12 member nations. The other choices (e-dollar, pound, mercosur) are not correct because they do not refer to the common currency of the EU.

The European Union Created a Single Monetary Unit to Replace