Which of the following would be represented as a debit in the U.S.balance of payments?

Question

Quizplus · Accepted Answer

Purchasing goods from a foreign country results in a debit to the U.S. balance of payments, as it represents an outflow of money from the U.S. to a foreign country.

Answer: E 
 Income received by U.S. residents from overseas investments also results in a debit to the U.S. balance of payments, as it represents a transfer of money from a foreign country to the U.S.

Which of the Following Would Be Represented as a Debit