Classify each of the following in the U.S. balance of payments.
-German consumer buy Ronco Vegematics made in United States.

Name: Classify each of the following in the U.S. balance of payments. -German consumer buy Ronco Vegematics made in United States.
Brand: Quizplus
Rating: 5.0 (54 reviews)

Question

Quizplus · Accepted Answer

When German consumers buy Ronco Vegematics made in the United States, it results in an export of goods from the U.S., which is recorded as a credit in the U.S. balance of payments.

Classify Each of the Following in the U