Use the Following Information to Answer Questions

Use the following information to answer questions
General Motors, a U.S. firm, withdraws $100 million from Bank of America in New York and deposits $100 million with Eurobank X in the Bahamas. Then, Eurobank X deposits $100 million in Eurobank Y in Switzerland. A Swiss Chocolate, Inc. borrows $100 million from Eurobank Y to finance a new plant construction.
-At the end, these transactions would make the gross deposits in the Eurodollar market to be _______.

A) $100 million
B) $200 million
C) $300 million
D) $400 million