Question

Sales of shares of an Indian company to a Chinese customer is a ___________ item on the
_______ of Balance of Payments

Answer 1

Answer:

a

Explanation:

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Answer 2

Answer:

Sales of shares of an Indian company to a Chinese customer is a Debit item on the current acconut of Balance of Payments.

Explanation:

Since a Chinese customer's sale of shares is a debit (negative) item, the money will leave the country, and the current accounts are what track changes in the nation's net income. Any financial flow that results in money leaving the country is considered a debit item on the balance of payments.

The record of a nation's financial inflows and outflows includes the current account balance (CAB). It is a component of the balance of payments, which is a summary of all international transactions. A nation's financial dealings with the rest of the world are reported in the balance of payments (BOP).

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