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Which of the Following Statements Is NOT True

Question 97

Multiple Choice

Which of the following statements is NOT true?


A) All the world's currencies that are banked outside their countries of origin are referred to as Eurocurrency.
B) All the world's currencies that are banked outside their countries of origin are traded on the Eurocurrency market.
C) The Eurocurrency market is characterized by very large transactions.
D) British pounds deposited in New York are referred to as eurodollars.

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