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    Principles of Macroeconomics Study Set 12
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    Exam 19: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    A US Firm Builds a Factory in South Africa
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A US Firm Builds a Factory in South Africa

Question 286

Question 286

Multiple Choice

A U.S. firm builds a factory in South Africa. This will be entered as a


A) debit in the U.S. capital account.
B) debit in the U.S. current account.
C) credit in the U.S. capital account.
D) credit in the U.S. current account.

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