An example of a transaction that will be a surplus item on the U.S. balance of payments is
A) the purchase of General Motors stock by a German resident.
B) the purchase of a Mercedes-Benz by an American.
C) a Nissan plant in Tennessee buying parts from the main plant in Japan.
D) a gift of wheat from the United States government to Egypt.
Correct Answer:
Verified
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A) the import of
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Q59: In the balance of payments, any transaction
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