Which of the following appears in the capital account part of the balance of payments?
A) A gift to an American from his English aunt.
B) A purchase by the Honda corporation of a U.S. Treasury bill.
C) A purchase by the Bank of England of a U.S. Treasury bill.
D) Income earned by the Honda corporation on its automobile plant in Ohio.
Correct Answer:
Verified
Q21: If the current account balance shows a
Q26: When gold production was low in the
Q27: Economists closely follow the current account balance
Q29: Because it provides some indication of what
Q31: Under the Bretton Woods system,the United States
Q32: Capital _ are American purchases of foreign
Q34: Under a fixed exchange rate regime,if the
Q35: Under a fixed exchange rate regime,if a
Q36: Under a fixed exchange rate regime,if the
Q39: The World Bank is an international organization
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents