1.

A eurocurrency is:

A. a bank deposit held in a country that does not issue that currency in which the deposit is denominated.
B. the currency of European Economic and Monetary Union - called the 'euro' for short.
C. a bank deposit in a non-European currency held in Europe.
D. a bank deposit in a European currency held outside of Europe. the currency of the European Union.
Answer» D. a bank deposit in a European currency held outside of Europe. the currency of the European Union.


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