Asked by Rhonda Walker on Jul 31, 2024

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What was the name of the common currency introduced by the European Union in 2002?

A) euro
B) franc
C) mark
D) peseta
E) ruble

Common Currency

A common currency refers to a monetary system in which multiple countries or territories use the same currency, facilitating trade and economic policy coordination.

  • Comprehend the progression and relevance of the European Union and its directives.
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Verified Answer

NE
Nayelli ElizabethAug 03, 2024
Final Answer :
A
Explanation :
The common currency introduced by the European Union in 2002 was the euro.