An example of an import of a service in the U.S. balance of payments would be when
A) an U.S. resident purchases a Japanese stereo.
B) a Norwegian traveling in the United States rides a trolley car in San Francisco.
C) a U.S. resident buying insurance from a firm in Toronto.
D) a U.S. firm purchases 100 shares of a Dutch firm.
Correct Answer:
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Q67: Q68: Q69: Q70: When there is a negative entry for Q71: Which of the following statements is TRUE Q73: The effect that a gift given to Q74: Unilateral transfers are Q75: In the balance of payments, the buying Q76: Suppose the current account of a country Q77: Which of the following statements is TRUE 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![]()
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A) transactions that take place