Euromarket
Definition
The market comprised of the member countries of the European Union (EU). The Euromarket includes countries that have fixed external tariffs and no internal tariffs, and follow the monetary policy set by the European Central Bank. While many member states do use the Euro as their common currency, the Euromarket applies to all states in the EU.
Use Euromarket in a sentence
“ You need to make sure that you do your research before you decide to enter in to the euromarket for an investment. ”
“ When you travel over seas and you need to exchange US currency for European currency, it is important to check the status of the Euromarket. ”
“ The company was analizing the Euromarket to determine rather or not it was worthwile to expand distrubtion into the European Union or rather they should expand into Southeast Asia. ”
