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

Foreign investment in the United States and U.S. investment abroad are recorded in the capital and financial account of the U.S. balance of payments. The U.S. government deficit or surplus is recorded in the current account of the U.S. balance of payments. Therefore, both I and II are recorded while III is not.

Which of the Following Is Recorded in the U