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When an American sells an asset abroad, the transaction:

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When an American sells an asset abroad, the transaction:

When an American sells an asset abroad, the transaction:
A) is registered as a debit in the current account, and it decreases private U.S. assets abroad.
B) is registered as a debit in the capital account, and it increases 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 credit in the capital account, and it decreases private U.S. assets abroad.

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

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Jesslyn

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NYC Author

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8 years ago

Perfect answer, thank you

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