Which of the following is not a credit item (+) in the U.S.balance of payments?
A) imports of cars from Japan
B) any transaction that results in an inflow of dollars
C) a capital outflow
D) a U.S.firm's purchase of steel from a European steel mill
E) an increase in American vacations abroad
Correct Answer:
Verified
Q42: The current account shows international transactions in
Q51: The statistical discrepancy
A)is always positive
B)is always negative
C)must
Q52: International reserves are
A)foreign exchange held by governments
Q53: Which of the following is not true
Q54: If foreigners increase their ownership of U.S.assets,
Q55: Which of the following is a credit
Q57: If the current account shows a deficit,
Q59: International reserves include all except one of
Q60: The world's largest net debtor nation is
A)Russia
B)China
C)Brazil
D)Mexico
E)the
Q61: If the exchange rate changes from 75
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents