The examples below are all examples of a U.S. capital outflow except a . General Motors invests in an automobile plant in France. b . Charles Schwab, Inc., invests mutual fund money in the Japanese stock market. c . All answers are capital outflows. d . Microsoft opens a new office in Detroit

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter4: Exchange Rate Determination
Section: Chapter Questions
Problem 4BIC
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The examples below are all examples of a U.S. capital outflow except

a . General Motors invests in an automobile plant in France.

b . Charles Schwab, Inc., invests mutual fund money in the Japanese stock market.

c . All answers are capital outflows.

d . Microsoft opens a new office in Detroit

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