GK
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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NATO (North Atlantic Treaty Organization)
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NAFTA (North American Free Trade Agreement)
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EU (European Union)
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UN (United Nations)
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Detailed explanation-1: -EMU, the European Monetary Union, is an alliance of the 20 European states that belong to the European Union and have introduced a common currency, the euro.
Detailed explanation-2: -You can use the euro in 20 EU countries: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.
Detailed explanation-3: -The seven non-eurozone members of the EU are Bulgaria, Czech Republic, Denmark, Hungary, Poland, Romania, and Sweden. They continue to use their own national currencies, although all but Denmark are obliged to join once they meet the euro convergence criteria.
Detailed explanation-4: -The European currency union is a part of the Economic and Monetary Union of the European Union (EMU).