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15. The nancial account in the U.S. balance of payments includes: a. Everything in the current account. b. U.S. government payments to other countries for

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15. The nancial account in the U.S. balance of payments includes: a. Everything in the current account. b. U.S. government payments to other countries for the use of military bases. c. Profits that Nissan of America sends back to Japan. d. New U.S. investments in foreign countries. ANSWER: B 16. A U.S. resident increasing her holdings of a foreign financial asset causes a: a. Credit in the U.S. current account. b. Debit in the U.S. current account. c. Credit in the U.S. capital account. d. Debit in the U.S. capital account. ANSWER: D

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