How mant countries comprise the EU?

1.   ?    15
2.   ?    12
3.   ?    20
4.   ?    25

Which country below uses the Euro?

1.   ?    Poland
2.   ?    Sweden
3.   ?    Denmark
4.   ?    Greece

What does EMU stand for?

1.   ?    European Maastrict Union
2.   ?    European Monetary Union
3.   ?    European Market Utilities
4.   ?    Emerging Member Unions.

Which below is a reason for the UK not adopting the Euro?

1.   ?    Reduction of exchange rate uncertainty
2.   ?    Lower transaction costs
3.   ?    Price transparency
4.   ?    Conversion costs

The Central Bank for countries who have the euro as their currency is called the_____________________?

1.   ?    Bundesbank
2.   ?    The ECB
3.   ?    The Federal Reserve
4.   ?    The Bank of England

When was the Euro first used?

1.   ?    1st January 2001
2.   ?    1st July 2001
3.   ?    1st January 2002
4.   ?    1st January 2003

The size of an area that can reasonable operate with one currency is known as a(n)______________?

1.   ?    Customs Union
2.   ?    Trading bloc
3.   ?    Optimal Currency Area
4.   ?    Free Trade Area