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If the United States government sells military hardware to Saudi Arabia, the tra

ID: 1176324 • Letter: I

Question

If the United States government sells military hardware to Saudi Arabia, the transaction would be recorded on the U.S. balance of payments as a? Capital account debit Current account credit Current account debit Capital account credit If the United States government sells military hardware to Saudi Arabia, the transaction would be recorded on the U.S. balance of payments as a? Capital account debit Current account credit Current account debit Capital account credit Capital account debit Current account credit Current account debit Capital account credit Capital account debit

Explanation / Answer

Current account credit

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