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Type of Eurodollars deposits denominated in banks outside United States is classified as
Answer & Solution
Correct Answer:
Option
B
Type of Eurodollars deposits denominated in banks outside United States is classified as euro dollar certificate of deposit. A Eurodollar certificate of deposit (Eurodollar CD) is a negotiable dollar-denominated time deposit issued by a U.S. bank located outside the United States or by a foreign bank located abroad.
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