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Question 
16.	Eurodollars are best described as ===============
a)	The new currency of the European Union
b)	A U.S dollar denominated deposit ….generally in a 
bank located outside the United States …that is not subject 
to US banking regulation.
c)	A currency deposited outside its country of origin
d)	A foreign..denominated deposit subject to US 
banking regulations
 Question Submitted By :: Kadire
I also faced this Question!!     Rank Answer Posted By  
 
  Re: 16. Eurodollars are best described as =============== a) The new currency of the European Union b) A U.S dollar denominated deposit ….generally in a bank located outside the United States …that is not subject to US banking regulation. c) A currency deposited outside its country of origin d) A foreign..denominated deposit subject to US banking regulations
Answer
# 1		 
A U.S dollar denominated deposit ….generally in a 
bank located outside the United States …that is not subject 
to US banking regulation
 
Is This Answer Correct ?    9 Yes 2 No
Harish
 
  Re: 16. Eurodollars are best described as =============== a) The new currency of the European Union b) A U.S dollar denominated deposit ….generally in a bank located outside the United States …that is not subject to US banking regulation. c) A currency deposited outside its country of origin d) A foreign..denominated deposit subject to US banking regulations
Answer
# 2		 
The new currency of the European Union
 
Is This Answer Correct ?    1 Yes 2 No
Ddk
 
 
 

 
 
 
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