How mant countries comprise the EU?
- 15
- 12
- 20
- 25
Which country below uses the Euro?
- Poland
- Sweden
- Denmark
- Greece
What does EMU stand for?
- European Maastrict Union
- European Monetary Union
- European Market Utilities
- Emerging Member Unions.
Which below is a reason for the UK not adopting the Euro?
- Reduction of exchange rate uncertainty
- Lower transaction costs
- Price transparency
- Conversion costs
The Central Bank for countries who have the euro as their currency is called the_____________________?
- Bundesbank
- The ECB
- The Federal Reserve
- The Bank of England
When was the Euro first used?
- 1st January 2001
- 1st July 2001
- 1st January 2002
- 1st January 2003
The size of an area that can reasonable operate with one currency is known as a(n)______________?
- Customs Union
- Trading bloc
- Optimal Currency Area
- Free Trade Area