Question: 6. Several key dates mentioned in the chapter are listed here. Can you identify the event associated with each? (The answers follow.) January 1, 1994

6. Several key dates mentioned in the chapter are listed here. Can you identify the event associated with each? (The answers follow.)

January 1, 1994 January 1, 1995 January 1, 1999 January 1, 2002 May 1, 2004 January 1, 2009 January 1, 2011 Answers: January 1, 1994—NAFTA becomes effective; January 1, 1995—WTO becomes the successor to GATT; January 1, 1999—introduction of the euro as unit of account; January 1, 2002—euro currency goes into circulation; May 1, 2004—

EU enlargement to 25 members; January 1, 2009—Slovakia becomes the 16th member of the euro zone; January 1, 2011—Estonia becomes the 17th member of the euro zone.

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