Suppose a family from Peru eats in a restaurant in Salt Lake City, Utah. How will this
Transaction be recorded in U.S. international transactions?
A) It is recorded in the current account as a positive (plus) item.
B) It is recorded in the current account as a negative (minus) item.
C) It is recorded in the capital account as a positive item.
D) It is recorded in the capital account as a negative item.
Correct Answer:
Verified
Q81: Under the simplifying assumptions made in the
Q82: Under the simplifying assumptions made in the
Q83: Which of the following statements is true?
A)
Q84: Under the simplifying assumption made in the
Q85: If the U.S. has a capital account
Q87: Suppose an American family from New York
Q88: If Canada has a capital account deficit,
Q89: Which of the following statements is true?
A)
Q90: Under the simplifying assumptions made in the
Q91: Japan's current account balance equals
A) spending flowing
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