In a nation's balance of payments, which one of the following items is always recorded as a positive entry?
A) goods imports
B) balance on capital account
C) U.S. purchases of assets abroad
D) exports of services

Question

Quizplus · Accepted Answer

Exports of services are always recorded as a positive entry in a nation's balance of payments because it represents a transaction where money is coming into the country from abroad for services provided by domestic firms.

In a Nation's Balance of Payments, Which One of the Following