Hmm, here's wiki's take on it:
Different regions of the world use the term in different ways. In the United States, Caucasian is currently used primarily as a distinction loosely based on skin color alone for a group commonly referred to as White Americans, as defined by the American government and Census Bureau. In Europe, "Caucasian" refers exclusively to people who are from the Caucasus.BTW these quotes don't refer to any specific research on terminology (apart maybe from frequent poll use), but it agrees with my personal experience and feeling on that word.In Britain and Ireland the term "Caucasian" is almost never used, White British or "European" is used instead.
And, yes, I 've seen "Eurasian" used almost exclusively in that particular context.
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