The term balance of trade refers to:
A) merchandise exports minus imports.
B) the balance on goods and services.
C) the current account balance.
D) the capital account balance.
E) exports and imports of services.
Correct Answer:
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Q36: FDI by U.S. firms enters the U.S.
Q37: Deposits in foreign banks by Americans enter
Q38: A current account deficit is offset by:
A)
Q39: A current account deficit is associated with,
Q40: The entry used to balance the balance
Q42: The difference between merchandise exports and imports
Q43: A retired U.S. citizen now lives in
Q44: If a U.S. individual bought a condominium
Q45: Which of the following is not included
Q46: Expenditures by foreign tourists in the U.S.
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