Which of the following is recorded in the U.S. balance of payments account?
I. foreign investment in the United States
II. U.S. investment abroad
III. the U.S. government deficit or surplus

Question

Quizplus · Accepted Answer

The U.S. balance of payments account records both foreign investment in the United States (I) and U.S. investment abroad (II). The U.S. government deficit or surplus, on the other hand, is not recorded in the balance of payments account.

Which of the Following Is Recorded in the U