When an American Sells an Asset Abroad, the Transaction

Multiple Choice

When an American sells 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.