Test Bank

5. A Swiss resident buys a long term U.S. Treasury bond and receives coupon interest in the same year. The purchase of the Treasury bond is a _____ in the Swiss balance of payments and the income received is a _____. A) debit; debit. B) credit; credit. C) debit; credit. D) credit; debit . Ans: C. Dif: E. 6. ................
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