Question

Suppose a Peruvian financial investor purchases a sporting goods store in Colorado Springs, Colorado. How will this transaction be recorded in U.S. international transactions?

a. It is recorded in the current account as a positive (plus) item
b. It is recorded in the current account as a negative (minus) item
c. It is recorded in the capital account as a positive item
d. It is recorded in the current account as a negative item

Answer 1

C

Step-by-step explanation:

It is recorded in the capital account as a positive item