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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 Citizen Buys a Japanese Bond
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A US Citizen Buys a Japanese Bond

Question 160

Question 160

Multiple Choice

A U.S. citizen buys a Japanese bond. This transaction will be entered as a


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

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