Question
When a U.S. importer buys 100,000 pairs of pants from a Hong Kong company, this transaction will represent a: A)Debit on the current account of
When a U.S. importer buys 100,000 pairs of pants from a Hong Kong company, this transaction will represent a:
A)Debit on the current account of the U.S. balance of payments
B)Debit on the financial account of the U.S. balance of payments
C)Credit on the current account of the U.S. balance of payments
D)Credit on the financial account of the U.S. balance of payments
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
