The name euro was officially adopted on 16 December 1995. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743)
Before the introduction of the Euro on 1 January 2002, which of these countries did not have the franc as its basic currency unit?
A. The Netherlands