The establishment of Japanese automakers' branch plants in Canada does not help the U.S.in terms of its _________________.
A) current account
B) international accounts
C) national account
D) foreign currency account
E) balance-of-payments accounts

Question

Quizplus · Accepted Answer

The balance-of-payments accounts track all transactions between residents of one country and residents of all other countries, including trade in goods and services, financial transactions, and transfers of capital. The establishment of Japanese automakers' branch plants in Canada may affect the balance-of-payments accounts, but it does not directly impact other accounts mentioned (current account, international accounts, national account, foreign currency account).

The Establishment of Japanese Automakers' Branch Plants in Canada Does