History

7 August, 10:47

Which of the following international transactions would NOT be counted as a balance of payments (BOP) transaction? A. An American tourist purchases cheese in Milwaukee, Wisconsin. B. The U. S. subsidiary of a British firm pays profits (dividends) back to its parent firm in London. C. A Canadian lumber baron purchases a U. S. corporate bond through an investment broker in Seattle. D. All of the above are considered BOP transactions.

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