A firm in India hires a U.S. firm to provide economic forecasts. By itself this transaction
A) increases U.S. exports and so increases the U.S. trade balance.
B) increases U.S. exports and so decreases the U.S. trade balance.
C) increases U.S. imports and so increases the U.S. trade balance.
D) increases U.S. imports and so decreases the U.S. trade balance.
Correct Answer:
Verified
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