Boeing purchases a plant for the production of commercial aircraft components in Fishermans Bend,Victoria.This purchase is entered into which of the balance of payment accounts?

Question

Quizplus · Accepted Answer

The purchase of a plant is a capital transaction and falls under the capital and financial account of the balance of payments. This account records all capital inflows and outflows including foreign direct investment, purchases of assets, and loans between countries.

Boeing Purchases a Plant for the Production of Commercial Aircraft