Capital account transactions occur
A) when an U.S. company purchases goods from a foreign company.
B) because of cross-border flows of financial assets.
C) when you move money from one U.S. bank to another U.S. bank.
D) when an U.S. citizen purchases stock in an U.S. corporation.
Correct Answer:
Verified
Q41: An accounting identity
A) ensures that all balances
Q43: An accounting identity is
A) when the balance
Q49: The current account is
A) the reserve assets
Q61: Jane has just sent a gift that
Q64: The largest portion of any nation's balance
Q65: A resident of the U.S. just purchased
Q66: In the balance of payments, the buying
Q67: The capital account is
A)the reserve assets created
Q73: In international trade, all payments and gifts
Q74: Unilateral transfers are
A) transactions that take place
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