If an American purchases a ticket from Scandinavian Airlines,paying by a personal check,which entries result in the balance-of-payments accounts of Norway or the United States?
A) a credit in Norway's service account
B) a debit in Norway's service account
C) a credit in the U.S.unilateral transfers account
D) a debit in the U.S.unilateral transfers account
Correct Answer:
Verified
Q98: Most economists belief that in the 1980s,a
Q107: That U.S.importers purchase bananas from Brazil constitutes
Q112: The net debtor status that the United
Q123: Rapid growth of production and employment is
Q128: To reduce a current account deficit, a
Q129: A current account deficit for the United
Q138: For the United States, a consequence of
Q139: Most economists contend that any reduction in
Q143: What does a current account deficit mean?
Q145: What are the components of the current
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