Suppose that an Austrian buys a car from Germany with cash. For Germany, this counts as a:
A) current account credit, financial account debit.
B) current account debit, financial account credit.
C) current account debit, capital account credit.
D) current account credit, financial account credit
Correct Answer:
Verified
Q90: When a domestic investor buys a domestic
Q91: When a domestic investor sells a domestic
Q92: When a domestic investor sells a foreign
Q93: A transaction that results in an increase
Q94: Assuming all transactions are recorded, if the
Q96: Whenever there is an outflow of funds
Q97: The balance of payments for any nation
Q98: Double-entry accounting dictates that:
A) transactions be entered
Q99: When a domestic investor buys a foreign
Q100: When calculating the balance of payments, credit
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