The type of market in which Eurodollar are traded is classified as _______________?
Correct answer: D. Eurodollar market
- A. brokerage market
- B. contraction market
- C. expansion market
- D. Eurodollar market
Explanation
Eurodollars are US-dollar deposits held outside the United States, and the market in which they are borrowed and lent is called the Eurodollar market. The other options are not standard market classifications for these deposits.
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