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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 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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Question added by Sultan Alghamdi
Date Posted: 2016/02/20
حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

answer C >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Ahmed Alkhateb
by Ahmed Alkhateb , Independent Accounting , Self employed

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

 

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