Which of the following is not included in the balance of the financial account of the United States?
A)a purchase of Toyota stock by Ford
B)a purchase of GE stock by a firm in China
C)a purchase of U.S.car manufacturing plant by Toyota
D)a purchase of a German brewery by the U.S.company,Budweiser
E)a purchase of German financial services by Chase Manhattan bank

Question

Quizplus · Accepted Answer

The financial account includes transactions that involve the purchase of physical and financial assets. The purchase of financial services is considered a current account transaction, not a financial account transaction.

Which of the Following Is Not Included in the Balance