Which of the following is not one of the Treaty of Rome objectives?Group of answer choicesThe creation of a common agricultural policyThe creation of a common currencyThe creation of a common customs tariffThe abolition of obstacles to freedom of movement for capital
Question
Which of the following is not one of the Treaty of Rome objectives?Group of answer choicesThe creation of a common agricultural policyThe creation of a common currencyThe creation of a common customs tariffThe abolition of obstacles to freedom of movement for capital
Solution
The creation of a common currency is not one of the Treaty of Rome objectives. The Treaty of Rome, signed in 1957, established the European Economic Community (EEC) and aimed to create a common market and customs union among its member states. While it did lay the groundwork for economic integration, the creation of a common currency was not explicitly stated as an objective in the Treaty of Rome. The idea of a common currency was introduced later, eventually leading to the creation of the Euro.
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