Posted by: Pdfprep
Post Date: March 2, 2021
Which ONE of the following would appear as a debit item on a country’s balance of payments current account?
A . Overseas investment by a domestic multinational company
B . Expenditure in the country by an overseas visitor
C . A flow of company profits to the parent company based in another country
D . Payment by an overseas company for services provided in the country
Answer: C
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