Which of the following would not be included in the U.S. current account?
A) The interest received on British bonds
B) The purchase of a 90-day U.S./ Treasury Bill by a German
C) The purchase of U.S. industrial chemicals by a Brazilian
D) Money spent by an Austrian tourist in the U.S.
E) A foreign parent pays for a U.S. college education.
Correct Answer:
Verified
Q29: Suppose a German resident buys a U.S.
Q30: An example of a unilateral transfer would
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
Q35: Which of the following statements is false?
A)
Q36: FDI by U.S. firms enters the U.S.
Q37: Deposits in foreign banks by Americans enter
Q38: A current account deficit is offset by:
A)
Q39: A current account deficit is associated with,
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