Multiple Choice
When an American buys an asset abroad, the transaction
A) is registered as a credit in the capital account, and it decreases private U.S. assets abroad.
B) is registered as a debit in the current account, and it decreases private U.S. assets abroad.
C) is registered as a credit in the capital account, and it increases private U.S. assets abroad.
D) is registered as a debit in the capital account, and it increases private U.S. assets abroad.
Correct Answer:
Verified
Correct Answer:
Verified
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