Which one of the following is a credit in the U.S. current account?
A) the purchase of a U.S. car by a German
B) the purchase of insurance from Lloyd's of London by an American
C) a trip to Mexico by an American student
D) the purchase of Japanese bonds by an American investor
Correct Answer:
Verified
Q113: Because the United States has a flexible
Q114: If the value of a country's merchandise
Q115: Suppose the United States reduced the tariff
Q116: Which one of the following would supply
Q117: A nation's trade deficit will tend to
Q119: Any country with highly attractive domestic investment
Q120: If investment opportunities in the U.S. become
Q121: If real interest rates in the United
Q122: During recent times, the United States has
Q123: An inflow of capital and a trade
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