How would each item affect the US international investment position?  Just write “increase” or “decrease” or “no effect.”   Swiss bank UBS buys shares on the US stock exchange.   Swedish firm IKEA builds several new stores in the US.   US mutual fund Fidelity sells most of its holdings of Chinese stock to buy US stock instead.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter20: The Global Economy
Section: Chapter Questions
Problem 23AA
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How would each item affect the US international investment position?  Just write “increase” or “decrease” or “no effect.”

 

  • Swiss bank UBS buys shares on the US stock exchange.

 

  • Swedish firm IKEA builds several new stores in the US.

 

  • US mutual fund Fidelity sells most of its holdings of Chinese stock to buy US stock instead.
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