When a U.S. agribusiness company sells 10,000 units of cow vaccine to a company in France, this transaction will represent a(n)

Question

Quizplus · Accepted Answer

When a U.S. company sells goods abroad, in this case, cow vaccines to France, it represents an export of goods. Exports are recorded as an inflow of money on the current account of the U.S. balance of payments, as they increase the demand for U.S. goods and bring money into the country.

When a US Agribusiness Company Sells 10,000 Units of Cow Vaccine to Vaccine