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Suppose an Italian resident acquires a bond issued by an Australian corporation. How will this particular transaction be recorded? Choice 1 of 4 : As

Suppose an Italian resident acquires a bond issued by an Australian corporation. How will this particular transaction be recorded?

Choice

1

4

: As a debit in Italy's Financial Account, under Portfolio Investment.

Choice

2

4

: As a credit in Australia's Financial Account, under Portfolio Investment.

Choice

3

4

: All of the above.

Choice

4

4

: None of the above

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