Multiple Choice
The table contains hypothetical data for the U.S. balance of payments. All ?gures are in billions of dollars. Item 6 indicates that
A) the United States used $15 billion of its international monetary reserves to balance its international payments.
B) the United States provided $15 billion of foreign aid to developing nations.
C) Americans provided a net amount of $15 billion in remittances to the rest of the world.
D) Americans received a net amount of $15 billion in remittances from the rest of the world.
Correct Answer:
Verified
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