Microsoft's purchase of a factory in Mexico is entered into the U.S.balance of payments accounts as a
A) negative entry in the capital account.
B) positive entry in the capital account.
C) negative entry in the current account.
D) positive entry in the current account.
E) negative entry in the settlements account.
Correct Answer:
Verified
Q25: The government's holdings of foreign currency is
Q26: The official settlements account is the record
Q27: When U.S.official reserves _, the official settlements
Q28: When the U.S.capital account shows a positive
Q29: The capital account balance is equal to
A)
Q31: The official settlements account contains data on
A)
Q32: When a German company purchases a U.S.company
Q33: Suppose that the U.S.government acquires more foreign
Q34: Suppose Honda purchases a car factory in
Q35: U.S.official reserves are
A) equal to the value
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