Which of the following is classified as a credit in the U.S.balance of payments?
A) U.S.exports
B) U.S.gifts to other countries
C) A flow of gold out of the U.S.
D) Foreign loans made by U.S.companies

Question

Quizplus · Accepted Answer

U.S. exports are classified as a credit in the U.S. balance of payments because they represent an inflow of foreign currency into the country.

Which of the Following Is Classified as a Credit in the U.S.balance