This treaty was signed in 1992 and led to the formation of the European Union. After this, the monetary policies were modified and a common currency was implemented. Which of the following is being talked about here?
A
Treaty of Versailles
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B
Treaty of Rome
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C
Maastricht-Netherlands Treaty
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D
Potsdam Declaration
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Solution
The correct option is C Maastricht-Netherlands Treaty On February 7, 1992, a treaty was signed in The Maastricht - Netherlands. This created the European Union with its headquarters at Brussels, Belgium. The monetary policies of the countries were modified. A common currency called the Euro replaced all the individual national currencies. Today the European Union has 28 member states.