When a German company purchases a U.S.company for $20 million, in the balance of payments the value of that transaction is recorded in the
A) purchase account.
B) current account.
C) investment account.
D) capital account.
E) official purchases account.
Correct Answer:
Verified
Q27: When U.S.official reserves _, the official settlements
Q28: When the U.S.capital account shows a positive
Q29: The capital account balance is equal to
A)
Q30: Microsoft's purchase of a factory in Mexico
Q31: The official settlements account contains data on
A)
Q33: Suppose that the U.S.government acquires more foreign
Q34: Suppose Honda purchases a car factory in
Q35: U.S.official reserves are
A) equal to the value
Q36: If U.S.official reserves increase, the
A) current account
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