Which of the following is not an asset exchanged among count

Which of the following is not an asset exchanged among counties? Why?

A Real estate

Solution

A real estate can be defined as a property which consists land and on the land there are building. Around or nearby these properties there are some natural resources river, crops etc.

Since real estate can be sold and purchase internationally.

It means it can be exchanged among countries.

Since bonds and equity can be exchanged among the countries because it is issued by companies for raising funds for the company.

Since insurance is not an asset which can be exchanged among country because insurance are done only of domestic residents by the domestic country insurance company. Although it offers traveling insurance in foreign countries but it is for the domestic residents only.

It means this is an asset which cannot be exchanged among countries.

Hence option B is the correct answer.

Option B; insurance.

Which of the following is not an asset exchanged among counties? Why? A Real estate SolutionA real estate can be defined as a property which consists land and o

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