A resident of the U.S. just purchased a share of stock on the London stock market. As far as the U.S. balance of payments this purchase will

Name: A resident of the U.S. just purchased a share of stock on the London stock market. As far as the U.S. balance of payments this purchase will
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Question

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Purchasing a share of stock on the London stock market would be entered in the financial account of the balance of payments, as it represents a financial transaction between residents of different countries.

A Resident of the U