GreatBurger, Inc., an Americanfood company, acquires a controlling share (12%) of Asahikawa Ichiban, a Japanese...
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GreatBurger, Inc., an Americanfood company, acquires a controlling share of Asahikawa Ichiban, a Japanese food processing firm, for $ million dollars. In what category will this transaction be recorded in the balance of payments statement for the United States? GreatBurger's acquisition would qualify as a "direct investment" part of the financial account section, and it would be recorded as a credit of $ GreatBurger's acquisition would qualify as a "portfolio investment" part of the financial account section, and it would be recorded as a debit of $ GreatBurger's acquisition would qualify as a "direct investment" part of the financial account section, and it would be recorded as a debit of $ GreatBurger's acquisition would qualify as a "porftolio investment" part of the financial account section, and it would be recorded as a credit of $ 
GreatBurger, Inc., an Americanfood company, acquires a controlling share of Asahikawa Ichiban, a Japanese food processing firm, for $ million dollars. In what category will this transaction be recorded in the balance of payments statement for the United States?
GreatBurger's acquisition would qualify as a "direct investment" part of the financial account section, and it would be recorded as a credit of $
GreatBurger's acquisition would qualify as a "portfolio investment" part of the financial account section, and it would be recorded as a debit of $
GreatBurger's acquisition would qualify as a "direct investment" part of the financial account section, and it would be recorded as a debit of $
GreatBurger's acquisition would qualify as a "porftolio investment" part of the financial account section, and it would be recorded as a credit of $
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