Question: Answer ALL questions Question 9 0 / 1 pts The capital account includes all purchases and sales of assets such as stocks, bonds, bank accounts,


Answer ALL questions
Question 9 0 / 1 pts The capital account includes all purchases and sales of assets such as stocks, bonds, bank accounts, real estate, and businesses. the export and import of goods and services. None of the options. all purchases and sales of international reserve assets such as dollars, foreign exchanges, gold, and special drawing rights (SDRs). Question 18 0 / 1 pts The difference between Foreign Direct Investment and Portfolio Investment is that Foreign Direct Investment mostly represents the sale and purchase of foreign financial assets such as stocks whereas Portfolio Investment mostly involves the sales and purchase of foreign bonds. Foreign Direct Investment is about buying land and building factories, whereas portfolio investment is about buying stocks and bonds. All of the options. Portfolio Investment mostly represents the sale and purchase of foreign financial assets such as stocks and bonds that do not involve a transfer of control. Question 11 0 / 1 pts The current account is divided into four finer categories: merchandise trade, services, portfolio investment, and unilateral transfers. merchandise trade, services, factor income, and statistical discrepancy. merchandise trade, services, factor income, and unilateral transfers. merchandise trade, services, factor income, and direct investment
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
