If BMW (a German company) earns profits while operating a business in the United States, then the value of the profit is entered as a _______ in the U.S. _______ account.

Question

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When a foreign company like BMW earns profits while operating a business in the United States, the value of the profit is entered as a positive in the U.S. current account. The current account records transactions related to the import and export of goods and services and transfer payments, including revenue earned by foreign companies.

If BMW (A German Company) Earns Profits While Operating a Business