Post Utme Bells University 2021 Commerce Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Bells University Commerce examination.

Post Utme Bells University 2021 Commerce Objective / Multiple Choice
Question 15 POST_UTME_BELLS_UNIVERSITY • 2021 • COMMERCE • objective

The introduction of the Euro in 1999 marked a significant change in the European monetary system. What was the primary effect of this change?

Answer Options

A. The abolition of national currencies
B. The introduction of a single interest rate
Correct Answer C. The creation of a single currency zone
D. The establishment of a European central bank
Correct Answer
C
Correct Option:
The creation of a single currency zone

About This Question

This is Post Utme Bells University 2021 Commerce Question 15. It is one of the objective questions from the 2021 Post Utme Bells University Commerce examination.

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