For the U.S.balance of payments statement,which of the following is not recorded in the capital and financial account?
A) net interest income from international investments
B) purchases of Chinese stocks and bonds
C) sales of Mexican stocks and bonds
D) the acquiring of a business firm in another country

Question

Quizplus · Accepted Answer

Net interest income from international investments is recorded in the current account of the U.S. balance of payments statement, not in the capital and financial account. Choices B, C, and D are all examples of transactions that are recorded in the capital and financial account.

For the US