Which of the following statements is incorrect about the European Union (EU)?
2023
Which of the following statements is incorrect about the European Union (EU)?
- A.
EU creates a single market for its members
- B.
EU has been awarded the Nobel Peace Prize
- C.
Britain’s exit from EU was through a Referendum
- D.
Slovenia is the only EU member which has not adopted common currency of EU
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Correct answer: D
Answer: The statement that Slovenia is the only EU member which has not adopted the common currency is incorrect.
Why this is incorrect:
Slovenia adopted the euro in 2007, so it is not a country that has not adopted the euro.
Several EU members have not adopted the euro; examples include Sweden, Poland, the Czech Republic, Hungary, Romania and Bulgaria. Denmark has a formal opt-out and continues to use the Danish krone.
Confirming the other statements:
The EU creates a single market that enables free movement of goods, services, capital and people among member states.
The European Union was awarded the Nobel Peace Prize in 2012 for advancing peace, reconciliation, democracy and human rights in Europe.
The United Kingdom’s exit from the EU was initiated by a public referendum held in 2016; the withdrawal process concluded in 2020.
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