Generally speaking,any transaction that results in a payment to 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 resulting in payments to foreigners are recorded as debits in the U.S. balance of payments, reflecting an outflow of funds from the country. These are typically marked with a negative sign to indicate a reduction in the country's financial resources.

Generally Speaking,any Transaction That Results in a Payment to Foreigners