Which of the following falls on the plus side of the U.S. balance of payments?
A) payments to the United States for insurance
B) the costs of goods imported
C) spending by American tourists overseas
D) new overseas investments
E) the cost of foreign military

Question

Quizplus · Accepted Answer

Payments to the United States for insurance fall on the plus side of the U.S. balance of payments because they represent income received from foreigners.

Which of the Following Falls on the Plus Side of the U.S