A

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Q. In a country’s balance of payments, which of the following transactions are debits?

  • (A) Domestic bank balances owned by foreigners are decreased
  • (B) Foreign bank balances owned by domestic residents are decreased
  • (C) Assets owned by domestic residents are sold to nonresidents
  • (D) Securities are sold by domestic residents to nonresidents
  • Correct Answer - Option(A)
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