A financial investor from Vancouver purchases bonds issued by the government of Peru.In the accounting for Canadian international transactions,this transaction would appear in the _____,and it would be entered as a payment _____ foreigners.

Question

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This transaction would appear in the financial account because it involves the purchase of financial assets (bonds). It would be entered as a payment to foreigners since the Canadian investor is paying money to purchase bonds from the Peruvian government.

A Financial Investor from Vancouver Purchases Bonds Issued by the Government