McqMate
| 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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