When a resident of a certain country wants to purchase a good, service, or asset from another country, do they usually need to exchange their currency for that country's currency first?
If I have 10,000 Yen, and decide to purchase stock in a Japanese company, does that transaction contribute to my country's NCO?
When a resident of a certain country wants to purchase a good, service, or asset from another country, do they usually need to exchange their currency for that country's currency first?
If I have 10,000 Yen, and decide to purchase stock in a Japanese company, does that transaction contribute to my country's NCO?
econmode 8 months ago