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12 A U.S. citizen buys a newly issued share of stock in England, paying for his order with a check, which the British company deposits
12 A U.S. citizen buys a newly issued share of stock in England, paying for his order with a check, which the British company deposits in its own U.S. bank account in New York. How is this transaction accounted for in U.S balance of payments? (2.5) A A credit to the financial account and a debit to the current account A credit to the financial account and a debit to the financial account A debit to the capital account and a credit to the financial account A debit to the financial account and a credit to the current account A credit to the capital account and a debit to the financial account unt f A OB OD OE
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