Which of the following transactions directly leads to a surplus on the U.S. capital and financial account?
A) A Japanese resident purchases a U.S. government bond.
B) A resident of France visits the United States.
C) An American sells wheat to an African nation.
D) An American purchases a share of stock on the Tokyo exchange.
Correct Answer:
Verified
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Q278: Which of the following statements is INCORRECT?
A)
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