Multiple Choice
A German mutual fund sells euros to a U.S.bank for $20,000.The mutual fund then uses these dollars to purchase a bond issued by United Express,a U.S.delivery company.As a result of these two transactions,what happened to U.S.net capital outflow?
A) It fell by $40,000.
B) It fell by $20,000.
C) It was unchanged.
D) It rose by $20,000.
Correct Answer:
Verified
Correct Answer:
Verified
Q157: If a country has positive net capital
Q175: Eric,a resident of Sweden,purchases a book printed
Q176: Which of the following is an example
Q177: If a country had a trade surplus
Q178: If U.S.consumers increase their demand for apples
Q181: When the Sykes Corporation (an American company)buys
Q182: If the U.S.has exports of $1.5 trillion
Q183: Most of the change from 1980 to
Q184: Oceania buys $100 of wine from Escudia
Q185: If France had positive net exports last