Statement I: The euro has largely replaced the dollar in international trade.
Statement II: Every European nation except Russia and Yugoslavia are members of the European Union.
A)Statement I is true and statement II is false.
B)Statement II is true and statement I is false.
C)Both statements are true.
D)Both statements are false.

Question

Quizplus · Accepted Answer

Statement I is false as the dollar is still the dominant currency in international trade, and the euro has not completely replaced it. Statement II is also false as Yugoslavia no longer exists, and Russia is not a member of the European Union.

Statement I: the Euro Has Largely Replaced the Dollar in International