U)S Dollar Deposits in Foreign Banks Outside the U

question 21

Multiple Choice

U) S. dollar deposits in foreign banks outside the U.S. or in foreign branches of U.S. banks are called

• A)Atlantic dollars.
• B)Eurodollars.
• C)foreign dollars.
• D)outside dollars.

---

Definitions:

Earnings

The net income that a company generates, often reported quarterly or annually, reflecting the company's financial performance.

Acquisition

The act of obtaining control of another company by purchasing its shares or assets.

Merger

The act of amalgamating two distinct entities into a single organization, often aimed at enhancing competitive position and operational efficiency.

Acquiring Firm

A firm that acquires or gains control over another business by means of a merger, acquisition, or takeover.