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Q. |
In a country’s balance of payments, which of the following transactions are debits? |
A. | Domestic bank balances owned by foreigners are decreased |
B. | Foreign bank balances owned by domestic residents are decreased |
C. | Assets owned by domestic residents are sold to nonresidents |
D. | Securities are sold by domestic residents to nonresidents |
Answer» A. Domestic bank balances owned by foreigners are decreased |
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