Eurodollars are ________.
A) dollar-denominated deposits at any foreign bank or foreign branch of an American bank
B) dollar-denominated bonds issued by firms outside their home market
C) currency issued by Euro Disney and traded in France
D) dollars that wind up in banks as a result of money-laundering activities

Question

Quizplus · Accepted Answer

Eurodollars are dollar-denominated deposits held in foreign banks or foreign branches of American banks. The term "Euro" in Eurodollars does not refer to the European Union or currency.

Eurodollars Are ________