The euro is the name for
A. a currency deposited outside its country of origin
B. a bond sold internationally outside of the country in whose currency the bond is denominated
C. a common European currency
D. foreign currencies deposited in home country
Answer: Option C
Solution(By Examveda Team)
The euro is the name for a common European currency. On January 1, 1999, the European Union introduced its new currency, the euro. Originally, the euro was an overarching currency used for exchange between countries within the union, while people within each nation continued to use their own.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
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