"Eurodollars" or "international dollars" are:

Question

Quizplus · Accepted Answer

Eurodollars are US dollars deposited in banks outside the United States, typically in Europe. They are called international dollars because they are used for global transactions and often held by multinational corporations and financial institutions. Option B is incorrect because that describes foreign deposits in the US, not Eurodollars. Option C is incorrect because it refers to foreign exchange reserves, which may include various currencies, not just US dollars. Option D is incorrect because Eurodollars are a real financial instrument.

"Eurodollars" or "International Dollars" Are