Numbers shown in the T accounts above refer to:
Payment to German exporter by a Houston importer.
German firm's deposit in Barclays (creation of a Eurodollar deposit).
Barclay's loan to a Japanese firm.
Japanese firm's repayment of loan (destruction of Eurodollars).
5-7. Return of funds to the U.S.
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Question

Quizplus · Accepted Answer

The Answer of Numbers shown in the T accounts above refer to:
Payment to German exporter by a Houston importer.
German firm's deposit in Barclays (creation of a Eurodollar deposit).
Barclay's loan to a Japanese firm.
Japanese firm's repayment of loan (destruction of Eurodollars).
5-7. Return of funds to the U.S.
‪

Numbers Shown in the T Accounts Above Refer To