The Year 2005 Marked an Important Step in the Relationship

question 64

Multiple Choice

The year 2005 marked an important step in the relationship between France and the European Union because

• A) French voters rejected a treaty to establish a constitution for the European Union.
• B) France adopted the common currency, the Euro.
• C) French citizens voted to withdraw from the European Union.
• D) it was the first time that a French citizen became the president of the European Union.
• E) France announced it would no longer accept the rulings of the European Court of Justice.

---

Definitions:

Annual Interest

The amount of money that is earned or paid on an investment or loan over a one-year period, expressed as a percentage of the principal.

Withdraw Amount

The act of removing funds from an account, investment, or savings.

Compounded Semi-annually

Interest calculation method where interest is added to the principal twice a year.

Down Payment

An upfront payment made when purchasing an item on credit, often a significant percentage of the total purchase price.