Question

Why might American businesses want to hold Eurodollars? OA. Eurodollar deposits are insured by the FDIC B. Minimum transaction sizes are very low, making Eurodollars an attractive savings instrument for consum O C. Many commercial transactions and international contracts are denominated in dollars O D. Eurodollar deposits are heavily regulated ers

Answer 1

Many commercial transactions and international contracts are denominated in dollars. So it is beneficial for American businesses to hold Eurodollars.

Answer: option C