Which of the following is included in a nation's capital and financial account?
I. The purchase of foreign stocks and bonds
II. The sale of foreign stocks and bonds
III. Importing a piece of capital equipment
A)I only
B)I and II
C)III only
D)I, II and III

Question

Quizplus · Accepted Answer

The capital and financial account includes transactions that involve the purchase and sale of financial assets, such as stocks and bonds, between countries. Importing capital equipment is part of the current account, not the capital and financial account.

Which of the Following Is Included in a Nation's Capital