Eurodollars are A) currencies that will disappear once the euro is ad

Eurodollars are

A) currencies that will disappear once the euro is adopted.
B) funds created by the International Monetary Fund to be transferred among the world’s central banks.
C) dollar-denominated deposits held in European banks.
D) European currencies deposited in U.S. banks.
E) dollar-denominated deposits held in foreign banks.

 

 

ANSWER

E

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