Which one of the following would NOT be considered as part of a nation's capital account?
A) license fees earned by Hewlett Packard
B) purchases by the Chinese of U.S.real estate
C) increases in Brazilian bank deposits in San Francisco banks
D) purchases of U.S.Treasury bonds by the Bank of England
Correct Answer:
Verified
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Q19: Tourism shows up on the _ account.
A)merchandise
B)current
C)capital
D)official
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