Which of the following is true of the European Currency Unit?
A) It was used by the European nations as a medium of exchanging goods and services.
B) It was an accounting entry that was transferred between two European nations.
C) It was replaced by the euro in the early 1980s.
D) It was denominated in the British pound.
E) It was a primary international reserve asset of most of the nations across the world.
Correct Answer:
Verified
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