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30.
The capital account is divided into three subcategories: direct investment, portfolio
investment, and other investment. Portfolio investment involves
A. acquisitions of controlling interests in foreign businesses.
B. investments in foreign stocks and bonds that do not involve acquisitions of
control.
C. bank deposits, currency investment, trade credit, and the like.
D. all of the above

Top Answer

Answer B) Investment in Foreign... View the full answer

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