If tourists from Norway spend money at Orlando's Island of Adventure theme park, it will increase the U.S.'s unfavorable balance of payments.

Name: If tourists from Norway spend money at Orlando's Island of Adventure theme park, it will increase the U.S.'s unfavorable balance of payments.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

An unfavorable balance of payments occurs when more money is flowing out of a country than is flowing into that country. Foreign tourists spending money in the U.S. provide an inflow of money.

If Tourists from Norway Spend Money at Orlando's Island of Adventure