Jim, a wealthy investor, recently bought 80.000BMW (Germany) 20-year corporate bonds. BMW has a total of 100,000 bonds outstanding. Jim's purchase is considered as a investment. inter-continental portfolio derivative direct The reserves held by official monetary authorities are normally composed of all except The US dollar. held by most central banks in the world Special Drawing Rights (SDR) tapanese ver that has apprcilated about 3% against the USD Venezuelan holivar that has dropged in value at a pate of 10% per month Renault, the French automaker, spent $1.65 billion to buy 20% of Firestone (U.S. A.) outstanding common stock. This transaction is recorded in the U.S. balance of payments as and in the French balance of payments as direct investments: debit/ direct investments: credit portfolio imvestments: credit/portfolio investiments: debit portfolio investments, debit / portfolio investmentss credit dircct investments: credit/ direst investments: debit Peg Sloan, an American investor, buys 25% of Nestle (a Swiss publicly-traded company) outstanding bonds. This transaction is recorded in the U.S. balance of payments as and in the Swiss balance of payments as porticlio investments: debit/ portfolio investments; credit portfolio investinents: credit / portfolio investments: debit direct irvestments debit / direct investments: credit direct invetments: credit / direct investincots: debil