When an American purchases an office building in Brazil, this is recorded in the capital account as a capital outflow.

Name: When an American purchases an office building in Brazil, this is recorded in the capital account as a capital outflow.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

When an American purchases an office building in Brazil, it represents an investment abroad and is recorded in the capital account of the United States as a capital outflow, indicating money leaving the country to acquire an asset overseas.

When an American Purchases an Office Building in Brazil, This