A resident of the U.S. just purchased a share of stock on the London stock market. As far as the U.S. balance of payments this purchase will
A) have no influence on the balance of payments since stock is not a good or service.
B) be entered as a unilateral transfer in the current account.
C) be entered in the capital account.
D) require special drawing rights.
C
Economics
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The aggregate supply curve shows
A) the total of all planned production for an economy. B) that real GDP can only increase when the price level increases. C) what an economy can produce if resource prices are constant. D) the various quantities of goods consumers will purchase.
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Explain the economic concept of opportunity cost
What will be an ideal response?
Economics