Which One of the Following Would Be Recorded as a Credit

question 137

Multiple Choice

Which one of the following would be recorded as a credit in the U.S. balance of payments accounts?

• A) the purchase of an European-made car by an American
• B) the purchase of insurance from Lloyd's of London by an American business firm
• C) the purchase of an American-made computer by an European business
• D) the purchase of Japanese bonds by an American investor

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