When a U.S. company purchases a factory in Singapore, this will be a

A) credit on the current account of the U.S. balance of payments.
B) debit on the current account of the U.S. balance of payments.
C) an inflow of money on the financial account of the U.S. balance of payments.
D) an outflow of money on the financial account of the U.S. balance of payments.

Singapore

An island city-state in Southeast Asia, known for its strong economy, diverse culture, and strict regulations.

Current Account

The section of a country's balance of payments that records the value of exports and imports of goods and services, net earnings on overseas investments, and net transfer payments.

Money Inflow

The total amount of money entering an economy, business, or individual's account from various sources.