Indicate whether each of the following represents a credit or debit on the U.S. capital account. a.
Question:
a. A French bank purchases $100,000 worth of U.S. Treasury notes.
b. The central bank in the United States purchases 1 million euros in the currency market.
c. A U.S. resident buys stock on the Japanese stock market.
d. A Japanese company purchases a movie studio in California.
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