Of the Following,the One That Appears in the Current Account

question 27

Multiple Choice

Of the following,the one that appears in the current account of the balance of payments is

• A)an Italian investor's purchase of IBM stock.
• B)income earned by U.S. subsidiaries of Barclay's Bank of London.
• C)a loan by a Swiss bank to an American corporation.
• D)a purchase of a British Treasury bond by the Fed.

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Definitions:

Contract Language

The specific wording and terminology used within a contract that outlines the rights, obligations, and agreements between parties.

Taft-Hartley Act

A 1947 federal law in the United States that restricts the activities and power of labor unions, including prohibiting certain types of strikes and requiring union leaders to swear they are not communists.

National Health

A concept referring to the overall health and well-being status of a nation's population, often assessed through healthcare systems and public health initiatives.

Contracts

Legal agreements between parties that outline terms and conditions of a particular arrangement, often used in the context of employment and labor relations.