What is the relationship between the euro currency of the European Union and Eurocurrency?
A) The two have nothing to do with each other
B) the euro is the underlying currency of the Eurocurrency markets
C) the euro is the dominant and most common currency in the Eurocurrency markets
D) the Eurocurrencies were first established using the European Union's euro
Correct Answer:
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A)European non-financial
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Q15: One reason Eurocurrency deposit rates are higher
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