POST COLD WAR WORLD
INTEGRATION OF EUROPE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Countries which are not in eurozone are:
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Germany, Sweden, Denmark
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Slovakia, Slovenia, Sweden
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Sweden, Poland, Finland
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Poland, Sweden, Hungary
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Explanation:
Detailed explanation-1: -Poland is not yet a member of the euro area. The zloty is not yet within the exchange rate mechanism (ERM II).
Detailed explanation-2: -Poland does not meet 2 criteria of exchange rate stability and long-term interest rates. Moreover, Polish law is not completely compatible with the EU Treaties.
Detailed explanation-3: -Sweden is not yet a member of the euro area. The Swedish krona is not yet within the exchange rate mechanism (ERM II).
Detailed explanation-4: -Sweden is a member of the European Union (EU).
There is 1 question to complete.