Multiple Choice
Assume an Australian FI has US$100 000 in assets and US$200 000 in liabilities.Further, the FI has bought US$40 000 and sold US$20 000.What is the net foreign asset of the Australian FI?
A) -US$100,000
B) -US$80,000
C) US$80,000
D) US$100,000
Correct Answer:
Verified
Correct Answer:
Verified
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