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When the U . S . ships food aid to a developing nation, the U . S . debits: a . secondary income b .

When the U.S. ships food aid to a developing nation, the U.S. debits:
a. secondary income
b. services
c. financial
d. official reserves
When the resident of a foreign nation (1) sells a U.S. stock and (2) deposits the proceeds in a U.S. bank, the U.S.:
a. credits the financial account for (1) and debits the financial account for (2)
b. credits the current account and debits the financial account
c. debits the financial account and credits official reserves
d. debits the financial account for (1) and credits the financial account for (2)
When a U.S. resident (1) purchases a foreign treasury bill and pays by (2) drawing down his bank balances abroad:
a. debits short-term capital and credits official reserves
b. debits the financial account for (1) and credits the financial account for (2)
c. debits official reserves and credits the financial account
d. credits the short-term financial account and debits official reserves
From the U.S. point of view, drawing on (reducing) foreign bank balances in a New York bank represents a:
a. financial inflow
b. financial outflow
c. outflow of official reserves
d. debit in the current account
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