The purchase of a foreign hotel by a U.S. company is recorded as an inﬂow of money in the ﬁnancial
account of the U.S. balance-of-payments statement.

Question

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The purchase of a foreign hotel by a U.S. company is recorded as an outflow of money in the financial account of the U.S. balance-of-payments statement, as it involves a U.S. company making a payment to a foreign entity.

The Purchase of a Foreign Hotel by a U