If a foreign investor purchases $800 of US treasury bills and pays by drawing down his bank balances in the US by an equal amount,what would the entries be in the US balance of payments?
A) Treasury stock - credit of $800; Cash - debit of $800
B) Capital outflow - credit of $800; Capital inflow - debit of $800
C) Treasury stock - debit of $800; Cash - credit of $800
D) Capital inflow - credit of $800; Capital outflow - debit of $800
Correct Answer:
Verified
Q1: If a US firm exports $7,000 of
Q2: If a US resident purchases a foreign
Q4: Which of the following is not true
Q5: Which of the following is an example
Q6: A nation's balance of payments reflects
A)the summary
Q7: _ are balance of payments transactions involving
Q8: Which of the following is an example
Q9: Which of the following is an example
Q10: Which of the following is an example
Q11: _ are transactions in official reserve assets
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