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Question: Indicate whether each of the following represents a credit or debit on the U.S. capital account.

a. a French bank purchases $100,000 worth of U.S. Treasury notes

b. the central bank in the United States purchases 1 million euros in the currency market

c. a U.S. resident buys stock on the Japanese stock market

d. a Japanese company purchases a movie studio in California

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M92252469

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