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Migo7s Migo7s
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Posts: 453
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5 years ago

Question 1.

A U.S. individual buys shares in a Swiss company. This transaction will be entered as



▸ a credit in the U.S. current account.

▸ a debit in the U.S. current account.

▸ a credit in the U.S. capital account.

▸ a debit in the U.S. capital account.

Question 2.

A U.S. firm builds a factory in South Africa. This will be entered as a



▸ debit in the U.S. capital account.

▸ debit in the U.S. current account.

▸ credit in the U.S. capital account.

▸ credit in the U.S. current account.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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samah952samah952
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#1
Posts: 367
Rep: 48 0
5 years ago
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Migo7s Author
wrote...

5 years ago
Good timing, thanks!
jamiebonf99
wrote...

Yesterday
this is exactly what I needed
djeghri
wrote...

2 hours ago
Helped a lot
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