An example of a deficit item on the U.S. balance of payments is

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The purchase of a service, in this case a plane ticket on a foreign airline, constitutes a deficit item on the U.S. balance of payments because it represents a payment made by a U.S. resident to a foreign entity. Choices A, B, and D involve transactions where a U.S. firm or resident is selling or receiving income from a foreign entity, which are considered surplus items on the U.S. balance of payments.

An Example of a Deficit Item on the U