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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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