The Countries That Use the Euro as Their Currency Have

question 29

Multiple Choice

The countries that use the euro as their currency have:

• A) agreed to use a single currency (exchange rate stability), allow the free movement of capital in and out of their economies (financial integration), but give up individual control of their own money supply (monetary independence).
• B) gained control over their own money supply (monetary independence), allowed the free movement of capital in and out of their economies (financial integration), but give up exchange rate stability.
• C) agreed to use a single currency (exchange rate stability), allow individual control of their own money supply (monetary independence), but give up the free movement of capital in and out of their economies (financial integration).
• D) none of the above

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Definitions:

Section 29

Without additional context, this is too vague, but it could refer to a specific section of a law or regulation depending on the context.

Ambiguous

Lacking clear definition or boundaries, open to more than one interpretation or understanding.

Plain Language

Writing designed to ensure the reader understands as quickly, easily, and completely as possible.

Bilateral Contract

An agreement between two parties where each promises to perform an act in exchange for the other party's act.