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Which one of the following terms best describes Eurodollars? A) Dollar-denominated deposits only in European banks. B) Dollar-denominated deposits at branches of foreign banks in

Which one of the following terms best describes Eurodollars?

A) Dollar-denominated deposits only in European banks.

B) Dollar-denominated deposits at branches of foreign banks in the U.S.

C) Dollar-denominated deposits at foreign banks and branches of American banks outside the U.S.

D) Dollar-denominated deposits at American banks in the U.S.

E) Dollars that have been exchanged for European currency.

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