The correct answers are the EU was formed to support the European economy, the EU is an economic union of European nations, and the EU uses a common currency, the Euro.
The three statements about the European Union that are true are: the EU was formed to support the European economy, the EU is an economic union of European nations, and the EU uses a common currency, the Euro.
The European Union was formed on November 1, 1993, and is made up of 28 countries. The union rules the economic, political, and security affairs of the members. 19 of the 28 countries uses the currency called the Euro. For identification purposes, it is called the Eurozone. The members of the European Union are Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxemburg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.
