Determine hich account of the Balance-of-Payments is affected the following transaction: A local tourtuses his/her credit card to pay USS 900 for the cost of accommodation at a Canadian hotel Select one Oa Capital Account- Portfolio Investment Ob Current Account-Imports Oc Capital AcCount Capital Transfers Od Capital Account-Foreign Direct Investment Oe Curent Account-Emords

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Determine vhich account of the Balance-of-Payments is affected the following transaction:
A local tourist uses his/her credit card to pay USS 900 for the cost of accommodation at a Canadian hotel
Select one
Oa Capital Account - Portfolio Investment
Ob. Current Account - Imports
Oc Capital Account- Capital Transfers
Od. Capital Account- Foreign Direct Investment
Oe Current Account-Exports
Transcribed Image Text:Determine vhich account of the Balance-of-Payments is affected the following transaction: A local tourist uses his/her credit card to pay USS 900 for the cost of accommodation at a Canadian hotel Select one Oa Capital Account - Portfolio Investment Ob. Current Account - Imports Oc Capital Account- Capital Transfers Od. Capital Account- Foreign Direct Investment Oe Current Account-Exports
Determine which account of the Balance-of-Payments is affected by the following transaction:
You travel to the United States for holiday and spend US$500
Select one:
O a. Current Account - Transfers
Ob. Capital Account- Foreign Direct Investment
O c Current Account Exports
Od. Capital Account Portfolio Investment
Oe Current Account- Imports
Transcribed Image Text:Determine which account of the Balance-of-Payments is affected by the following transaction: You travel to the United States for holiday and spend US$500 Select one: O a. Current Account - Transfers Ob. Capital Account- Foreign Direct Investment O c Current Account Exports Od. Capital Account Portfolio Investment Oe Current Account- Imports
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