If visitors from Germany spend money at Orlando,Florida's Disney World,it will increase the U.S.'s unfavorable balance of payments.
An unfavorable balance of payments occurs when more money is flowing out of a country than is flowing into that country.Foreign tourists spending money in the U.S.provide an inflow of money.

Question

Quizplus · Accepted Answer

The statement is incorrect. Foreign tourists spending money in the U.S. provide an inflow of money and helps to reduce the unfavorable balance of payments.

If Visitors from Germany Spend Money at Orlando,Florida's Disney World,it