Generally speaking,any transaction that results in a receipt from foreigners
A)will be recorded as a debit,with a negative sign,in the U.S.balance of payments.
B)will be recorded as a debit,with a positive sign,in the U.S.balance of payments.
C)will be recorded as a credit,with a negative sign,in the U.S.balance of payments.
D)will be recorded as a credit,with a positive sign,in the U.S.balance of payments.

Question

Quizplus · Accepted Answer

Transactions that result in receipts from foreigners are recorded as credits in the U.S. balance of payments, as they represent inflows of funds into the country. The positive sign indicates an increase in the balance of payments.

Generally Speaking,any Transaction That Results in a Receipt from Foreigners