If a Japanese Mutual Fund Buys a Share of Stock

question 209

Multiple Choice

If a Japanese mutual fund buys a share of stock on the New York Stock Exchange,it will be accounted for as:

• A) a subtraction from the U.S.current account.
• B) an addition to the U.S.current account.
• C) a subtraction from the U.S.capital account.
• D) an addition to the U.S.capital account.

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Definitions:

Basal Cell Carcinoma

A type of skin cancer that arises from the basal cells, characterized by slow growth and being the most common yet least dangerous form of skin cancer.

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