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If a Japanese Mutual Fund Buys a Share of Stock

Question 65

Multiple Choice

If a Japanese mutual fund buys a share of stock on the New York Stock Exchange, it will be accounted for as a(n) _____ account.


A) subtraction from the U.S. current
B) addition to the U.S. current
C) subtraction from the U.S. capital
D) addition to the U.S. capital

Correct Answer:

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