Question: 2) From chapter 2: 9 points a) US resident sends money to his family in India: Is it a CA or FA transaction? Which subsection
2) From chapter 2: 9 points a) US resident sends money to his family in India: Is it a CA or FA transaction? Which subsection of the CA/FA? Is it an inflow or outflow for the U.S? b) Japanese investor buys stock options from the US: Is it a CA or FA transaction? Which subsection? Is it an inflow or outflow for the U.S.? c) US investor receives dividends from a German firm. Is it a CA or FA transaction? Which subsection? Is it an inflow or outflow for the U.S
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
