The financial account of the U.S.includes:
A) the change in U.S. assets abroad and foreign assets in the U.S.
B) the change in U.S. assets abroad and foreign assets in the U.S., other than official reserve assets
C) all financial assets
D) all but current account transactions

Question

Quizplus · Accepted Answer

The financial account of the U.S. includes the change in U.S. assets abroad and foreign assets in the U.S., other than official reserve assets. This means that it tracks investment flows and transactions in financial assets such as stocks, bonds, and real estate between the U.S. and other countries, excluding official reserve assets such as gold and foreign currency held by the government.

The Financial Account of the U.S.includes