Several countries use the American dollar as their currency. If a nation did not want to create its own currency and did not want to use dollars, which of these would be the best choice?

Question

A. • Cuba's peso
B. • South Korea's won
C. • South Africa's rand
D. • The European Union's Euro

Answer 1

D. • The European Union's Euro

The Euro is a widely used and stable currency that is accepted in many countries within the European Union. Using the Euro would provide the nation with stability and acceptance in international trade.