An Italian citizen buys a U.S. bond. This transaction will be entered as:
A) a negative in the U.S. current account.
B) a positive in the U.S. current account.
C) a positive in the U.S. financial account.
D) a positive in the U.S. capital account.
Correct Answer:
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Q59: Recall Application 1, "The Chinese Yuan and
Q60: Q61: A balance of payments surplus occurs when Q62: A U.S. firm buys the copyrights of Q63: If an American firm Citigroup earns profits Q65: Which of the following is not included Q66: Net international investment position measures: Q67: Which of the following is an item Q68: A U.S. firm builds a factory in Q69: Under the Bretton Woods exchange rate system,
A) the imbalance
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