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If B P , a British firm, sends a dividend check for $ 1 0 0 , 0 0 0 ( after converting from pounds
If a British firm, sends a dividend check for $after converting from pounds to an investor in the US and the US investor deposits the check in a US dollardenominated bank account at Wells Fargo how would this be recorded in the US Balance of payments according to IMF standards?
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A credit in the Financial Account other for the dividend check and a debit in the Financial Account portfolio for the bank deposit
A debit in the Financial Account other for the dividend check and a credit in the Financial Account portfolio for the bank deposit
A debit in the Current Account primary for the dividend check and a credit in the Financial Account other investment for the bank deposit
A credit in the Current Account primary for the dividend check and a debit in the Financial Account other investment for the bank deposit
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