Suppose a German resident buys a U.S. treasury bond. This transaction would be recorded in the:
A) merchandise trade balance.
B) current account.
C) capital account.
D) financial account.
E) FDI account.
Correct Answer:
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Q24: A record of all economic transactions between
Q25: In 2013, the U.S. had a:
A) current
Q26: The balance of payments is:
A) positive when
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A) usually has a trade deficit
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Q31: A deficit in a country's current account
Q32: A current account deficit:
A) implies the country
Q33: Which of the following transactions would not
Q34: Which of the following would not be
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