20
QuizMultiple Choice

The Global Economy — Test

Question 20 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

Which of these statements most accurately describes currencies in North America?

Answer
A
North American countries have done away with separate currencies.
B
All countries in North America use the euro.
C
All countries in North America use the US dollar.
D
Each country in North America uses its own currency.

Explanation

Countries in North America use different currencies. For example, the United States uses the US dollar, Canada uses the Canadian dollar, and Mexico uses the peso. So the statement that each country uses its own currency is the most accurate; not all use the US dollar or the euro.

AI-written and checked against the verified answer.

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