Generally speaking, any transaction that results in a receipt from foreigners

A. will be recorded as a debit, with a positive sign, in the U.S. balance of payments.
B. will be recorded as a credit, with a positive sign, in the U.S. balance of payments.
C. will be recorded as a debit, with a negative sign, in the U.S. balance of payments.
D. will be recorded as a credit, with a negative sign, in the U.S. balance of payments.


Answer: B

Business

You might also like to view...

Parallelism includes the repetition of all of the following EXCEPT

a. words. b. evidence. c. phrases. d. sentences.

Business

Costs associated with inventory include the costs of ______.

a. transportation b. packaging c. stock-out costs d. in-transit carrying costs

Business

Hilda owes Lex $3,000, which is an undisputed amount. If she offers him her car in full settlement of the debt and he accepts, the agreement is binding and he can no longer claim she owes him anything on the original debt

a. True b. False Indicate whether the statement is true or false

Business

A meta-analysis found that management by exception

a. had largely positive effects on follower performance b. had largely negative effects on follower performance c. had largely neutral effects on follower performance d. had a curvilinear relationship such that the highest levels of management by exception had considerably more positive effects on follower performance than moderate levels

Business