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Páginas: 3 (649 palabras) Publicado: 7 de octubre de 2012
1) According to the article “Europeans Resolve to Embrace the Euro”, answer the following questions:
a) Why were Europeans “flocking to cash machines” on January 1, 2002?
R=Because they wanted toget the new euro notes.

b) What are the twelve nations that have adopted the euro?
R=The twelve nations have adopted the euro were: Austria, Belgium, Finland, France, Germany, Greece, Ireland,Italy, Luxembourg, the Netherlands, Portugal and Spain.

c) When will the old currencies in these countries cease to be “legal tender”?
R=In the end of February, 2002.

d) According to the article,what were some of the “glitches” that Europeans encountered in switching to the new currency?
R=That the people will still be able to convert the old currencies to euros but will not be able to usethem in buying or selling. Other was that many shops and restaurants found their euro supplies dwindling, because the overwhelming majority off customers wanted to pay in the old currencies.

2) Valueof the New Euro:

3) Answer the following questions about the European Union:
a) How many countries are member nations of the EU?
R= The European Union is composed of 27 sovereign member states:Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France,Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland,Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom.

• Of the member nations, how may have dropped their currency and taken the euro?
R= The euro is the official currency ofthe euro zone, which consists of 17 of the 27 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, theNetherlands, Portugal, Slovakia, Slovenia, and Spain.

b) What is the history of the EU?
R= In 1945 after the end of WWII, in some European countries decided to cooperate to prevent new wars were produced....
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