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:

Preponderance of the Evidence

Preponderance of the evidence is the standard of proof in most civil trials, which means that the evidence on one side outweighs, or is more convincing than, the evidence on the other side.

Performance

The action or process of carrying out or accomplishing an action, task, or function.

Properly Payable

Properly payable refers to the condition under which a financial instrument, such as a check, meets all requirements for payment to the rightful party without dispute.

Requirements

Conditions or specifications that must be met or complied with.