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Which of the answers is correct when it comes to the classification of the following transaction in the BOP? A Paris-based insurance company buys U.S.

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Which of the answers is correct when it comes to the classification of the following transaction in the BOP? A Paris-based insurance company buys U.S. corporate bonds for its investment portfolio Debit to the direct investment section of the U.S. balance of payments Credit to the portfolio investment section of the French financial accounts None of the answers is correct Credit to the portfolio investment section of the U.S. balance of payments O Debit to the direct investment section of the French financial accounts

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