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fill in the blanks Suppose the following transaction takes place. John, an Australian resident, buys $10 million of shares in a company listed on the
fill in the blanks Suppose the following transaction takes place. John, an Australian resident, buys $10 million of shares in a company listed on the New York Stock Exchange. The shares are paid for using money from John's bank account in Australia. For Australia, this counts as a Answer (current account, capital or financial account) credit(+), and a Answer (current account, capital or financial account) debit(-). This transaction Answer (raises , reduces or does not affect) the external wealth of Australia
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