The 2004 South Asian tsunami killed more than 150,000 people in countries around the Indian Ocean. Many Americans donated to help the victims of this natural disaster. These donations:
A) would not be included in the balance of payments account because there was no purchase or sale.
B) are part of the export of services in the balance of payments account.
C) are part of the import of services in the balance of payments account.
D) are part of net transfers in the balance of payments account.
Correct Answer:
Verified
Q19: Expansionary monetary policy definitely lowers the exchange
Q20: If a European billionaire buys stock in
Q21: Other things equal, a reduction in American
Q22: If the financial and capital account has
Q23: The purchase of a meal by an
Q25: When a worker in the United States
Q26: In your last vacation trip to Cancún,
Q27: What is the difference between the balance
Q28: Refer to the graph shown. An increase
Q29: When a U.S. company purchases a foreign
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