2.2 The Impact of the Euro

Front

Which year was the euro currency officially introduced into circulation?

Back

2002

Front

How many countries are currently in the eurozone?

Back

19

Front

What is one of the primary benefits of having a common currency like the euro?

Back

It simplifies trade between member countries.

Front

Which of the following is NOT a member of the eurozone? Norway, Germany, Italy, Spain

Back

Norway

Front

What symbol is used to represent the euro currency?

Back

€

Front

What was the primary reason for creating the euro?

Back

To facilitate easier trade and economic stability among European countries

Front

Which treaty laid the groundwork for the creation of the euro?

Back

Maastricht Treaty

Front

What is the economic impact of the eurozone on global trade?

Back

It makes the eurozone a major global trading power.

Front

When did the euro coins and banknotes enter into circulation?

Back

2002

Front

Which of the following countries adopted the euro currency but is not geographically in Europe? Canada, Morocco, Cyprus, Japan

Back

Cyprus