What happened to net capital outflow

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A German mutual fund sells Euros to a U.S. bank for $20,000. The mutual fund then uses these dollars to purchase a bond issued by United Express, a U.S. delivery company. As a result of these two transactions, what happened to U.S. net capital outflow?

a. It fell by $40,000.

b. It rose by $20,000.

c. It was unchanged.

d. It fell by $20,000.

Reference no: EM13819121

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