Multiple Choice
When a U.S. company purchases a factory in Singapore, this will be a
A) credit on the current account of the U.S. balance of payments.
B) debit on the current account of the U.S. balance of payments.
C) an inflow of money on the financial account of the U.S. balance of payments.
D) an outflow of money on the financial account of the U.S. balance of payments.
Correct Answer:
Verified
Correct Answer:
Verified
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