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Establishment of the Euro Created the Largest Currency Zone in the World

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Establishment of the euro created the largest currency zone in the world, replacing the position the U.S. dollar had held for decades.

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Definitions:

Three-phase

A type of polyphase system used in electric power distribution, consisting of three wires carrying alternating currents that reach their peak values at different times.

Three-lead

A configuration typically used for wiring or connecting a device with three conductive paths or wires.

Six-lead Motor

An electric motor featuring six output leads for various connection configurations, enabling different operational modes.

Dual-voltage

Refers to equipment designed to operate on two different voltages, often switchable between the voltage levels.

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