Multiple Choice
Of the following,the one that appears in the current account of the balance of payments is
A) an Italian investor's purchase of IBM stock.
B) income earned by U.S. subsidiaries of Barclay's Bank of London.
C) a loan by a Swiss bank to an American corporation.
D) a purchase of a British Treasury bond by the Fed.
Correct Answer:
Verified
Correct Answer:
Verified
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