If an American investor buys shares of stock of the German auto manufacturer BMW, the transaction
A) is registered as a credit in the capital account, and it increases foreign private assets in the United States.
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 decreases foreign private assets in the United States.
D) is registered as a debit in the capital account, and it increases private U.S. assets abroad.
Correct Answer:
Verified
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