Which of the following appears in the capital account part of the balance of payments?
A) A gift to a Canadian from his English aunt
B) A purchase by the Honda corporation of a Canadian Treasury bill
C) A purchase by the Bank of England of a Canadian Treasury bill
D) Income earned by the Honda corporation on its automobile plant in Ontario
Correct Answer:
Verified
Q3: A foreign exchange intervention with an offsetting
Q19: Explain how an unsterilized purchase of foreign
Q21: The fixed exchange rate regime established at
Q26: When gold production was low in the
Q27: Economists closely follow the current account balance
Q27: Because it provides some indication of what
Q28: Of the following, the one that appears
Q36: The net amount of international reserves that
Q39: The World Bank is an international organization
Q48: A balance of payments deficit is associated
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents