Solved

Which of the Following Events Would Not Be Recorded in the U.S.balance

Question 3

Multiple Choice

Which of the following events would not be recorded in the U.S.balance of payments?


A) The money supply of a foreign nation increases.
B) Oxfam America, a U.S.relief agency, sends food to drought victims in sub-Saharan Africa.
C) Oxfam America, a U.S.relief agency, sends farm equipment to drought victims in sub-Saharan Africa.
D) The Pentagon stations troops in Saudi Arabia.
E) Pepsi-Cola sends its soft drink to Russia; in return, the United States gets Stolichnaya vodka.No money changes hands.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents