Eurocredits refer to long-term loans of a Eurocurrency made to multinational corporations and governments of poor credit quality.

Name: Eurocredits refer to long-term loans of a Eurocurrency made to multinational corporations and governments of poor credit quality.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Eurocredits are indeed loans of Eurocurrency, but they are made to both multinational corporations and governments, not specifically those of poor credit quality. The term does not inherently imply the credit quality of the borrower.

Eurocredits Refer to Long-Term Loans of a Eurocurrency Made to Multinational