Question

A U.S. resident increasing her holdings of a foreign financial asset causes (a) Group of answer...

A U.S. resident increasing her holdings of a foreign financial asset causes (a)

Group of answer choices

Credit in the U.S. Current account.

Credit in the U.S. Financial account.

Debit in the U.S. Financial account.

Debit in the U.S. Current account.

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Answer #1

Debit in the US financial account - is correct

A U.S. resident increasing her holdings of a foreign financial asset causes Decrease in US financial account.

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