Which of the following transactions will decrease the U.S.current account deficit?
A) A U.S.corporation builds a new factory in Seoul,South KoreA.
B) Dutch tourists visiting Los Angeles.
C) U.S.department stores buy shoes from Italy.
D) American firms invest in Tokyo real estate.
E) U.S.tourists travel in Canada.
Correct Answer:
Verified
Q103: Which of the following summarizes the transactions
Q104: The majority of American's trade deficit with
Q105: Our balance on current account was about
Q106: Statement I: Our balance of trade is
Q107: A U.S.importer purchases 5,000 British pounds for
Q109: If 1 dollar is equal to 5
Q110: If the U.S.demand for German goods increases,then
A)the
Q111: Statement I: Strict adherence to the gold
Q112: In 2009,the return on American investments abroad
Q113: The free floating exchange rate system has
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