Which of the following events would not be recorded in the U.S.balance of payments?
A) The increase in the money supply of a foreign nation
B) Oxfam America,a U.S.relief agency,sending rice to drought victims in sub-Saharan Africa
C) Oxfam America,a U.S.relief agency,sending wheat to drought victims in sub-Saharan Africa
D) The Pentagon stationing troops in Saudi Arabia
E) U.S.exporting computer software and imports oil from Iraq
Correct Answer:
Verified
Q10: Which of the following is not considered
Q11: The value of a country's exports is
Q11: Which of the following is true concerning
Q12: Table 20.1 shows a current account.In
Q13: Which of the following is not classified
Q17: The current account reflects:
A)trade in only tangible
Q18: Which of the following statements defines trade
Q19: The balance of goods and services is:
A)the
Q20: The merchandise trade balance:
A)reflects trade in intangibles
Q25: The debit side of the current account
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