When a U.S. company buys 40 percent of the publicly traded stock of a French company on France's stock market, the U.S. balance of payments records the transaction as an ________.
A) inflow of capital recorded with a plus sign
B) inflow of capital recorded with a minus sign
C) outflow of capital recorded with a plus sign
D) outflow of capital recorded with a minus sign
Correct Answer:
Verified
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