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The Treaty of Maastricht resulted in the establishment of which of the following?
Question

The Treaty of Maastricht resulted in the establishment of which of the following?

A.

The World Bank

B.

The European Union

C.

The World Trade Organization

D.

ASEAN

Correct option is B

The correct answer is (b) The European Union (EU)
Explanation:
· The Treaty of Maastricht (officially the Treaty on European Union) was signed in 1992 and came into force in 1993.
· It integrated the existing European communities into a single European Union and paved the way for the creation of the Euro currency.
Information Booster:
· The treaty established the "three pillars" of the EU: European Communities, Common Foreign and Security Policy, and Police and Judicial Cooperation.
· The EU headquarters is located in Brussels, Belgium.
Additional Knowledge:
· World Bank: Established in 1944 at the Bretton Woods Conference.
· WTO: Replaced GATT on January 1, 1995.
· ASEAN: Formed in 1967 in Bangkok, Thailand.

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