Which of the following is a credit item in the U.S.balance of payments?
A) Imports of cars from Japan
B) Purchase of an American car by a Japanese citizen
C) Purchase of Chinese assets by an American citizen
D) An American firm's purchase of steel from a European steel mill
E) An increase in American tourists abroad
Correct Answer:
Verified
Q18: Which of the following statements defines trade
Q19: The balance of goods and services is:
A)the
Q20: The merchandise trade balance:
A)reflects trade in intangibles
Q21: The exchange rate is the:
A)opportunity cost of
Q22: The current account records:
A)last year's flows of
Q24: A country runs a deficit in its
Q25: An exchange rate is:
A)the rate at which
Q26: The foreign exchange rate is:
A)an entry in
Q27: The trade balance of the country of
Q28: The exchange rate is the:
A)ratio of exports
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