Which of the following falls on the minus side of the U.S. balance of payments?
A) payments to the United States for insurance
B) payments of dividends and interest on investments abroad
C) return on capital invested abroad
D) new foreign investments in the United States
E) spending by American tourists overseas

Question

Quizplus · Accepted Answer

Spending by American tourists overseas represents an outflow of money from the U.S. to other countries, which is recorded as a debit in the balance of payments.

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