When an American sells an asset abroad, the transaction
A) is registered as a credit in the capital account, and it decreases private U.S. assets abroad.
B) is registered as a debit in the current account, and it decreases private U.S. assets abroad.
C) is registered as a credit in the capital account, and it increases private U.S. assets abroad.
D) is registered as a debit in the capital account, and it increases private U.S. assets abroad.
Correct Answer:
Verified
Q38: In the United States, which of the
Q39: When foreign assets in the United States
Q40: When an American buys an asset abroad,
Q41: The _ is divided into two major
Q42: A U.S. citizen buys a Japanese bond.
Q44: If an American investor buys shares of
Q45: The value of the Swiss franc relative
Q46: Any transaction that causes foreign exchange to
Q47: Which of the following is an item
Q48: A German individual buys shares in a
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