A Wealthy Japanese Executive Decides to Buy a Large Amount

question 138

Multiple Choice

A wealthy Japanese executive decides to buy a large amount of U.S.assets.This would contribute to

• A)a deficit in the U.S.current account
• B)a deficit in the U.S.capital account
• C)a surplus in the U.S.current account
• D)a surplus in the U.S.capital account
• E)a deficit in the total balance of payments