In Order to Attain the Goal of a Monetary Union,the

question 21

Multiple Choice

In order to attain the goal of a monetary union,the president of the European Commission recommended a stage based transition.Which stage of this transition involved the completion of the monetary union with the establishment of a single currency and a European Central Bank.

• A)Stage one
• B)Stage two
• C)Stage three
• D)Stage four

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Definitions:

Newt Gingrich

An American politician who served as the 50th Speaker of the United States House of Representatives from 1995 to 1999.

Speaker of the House

The presiding officer of the United States House of Representatives, responsible for leading the House's legislative business and functions.

Resignation

The act of formally giving up a position or office; in political or professional contexts, it often implies a voluntary departure from a role due to personal, ethical, or professional reasons.

Somalia

A country located on the Horn of Africa, known for its long history of civil unrest and significant cultural contributions.