The payments portion of the balance of payments-that is, payments made by the United States-does not include ______.
A) exports
B) imports
C) military spending
D) foreign aid
E) investments

Question

Quizplus · Accepted Answer

The payments portion of the balance of payments refers to payments made by the United States to other countries. Therefore, exports (which represent payments received by the United States from other countries) are not included in this category. The other options (imports, military spending, foreign aid, and investments) all involve payments made by the United States to other countries and would be included in this category.

The Payments Portion of the Balance of Payments-That Is, Payments