Credit (+) items in the balance of payments correspond to anything that:
A) Involves receipts from foreigners
B) Involves payments to foreigners
C) Decreases the domestic money supply
D) Increases the demand for foreign exchange

Question

Quizplus · Accepted Answer

Credit items in the balance of payments involve receipts from foreigners. This includes things like exports, which generate revenue from foreign buyers, and payments for services provided to foreigners, such as tourism or consulting services.

Credit (+) Items in the Balance of Payments Correspond to Anything