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johnpaul92 johnpaul92
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8 years ago
If a French company sells 1000 gallons of Perrier to a U.S. company at 5 euros per gallon, and uses the money to buy stock in a Spanish cork company, how does this affect the French balance of payments accounts?
A) Debit: capital and financial account; credit: merchandise trade
B) Debit: net investment income from abroad; credit: capital and financial account
C) Debit: merchandise trade; credit: capital and financial account
D) Debit: merchandise trade; credit: net investment income from abroad
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Macroeconomics

Macroeconomics


Edition: 8th
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supamansupaman
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johnpaul92 Author
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#2
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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#3
8 years ago
Take care for now
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