Solved

Which of the Following Would Be Represented as a Debit

Question 77

Multiple Choice

Which of the following would be represented as a debit in the U.S.balance of payments?


A) U.S.purchase of cars from Italy
B) U.S.sale of beef to Israel
C) U.S.government receives transfers from foreign governments to support U.S.expenses incurred in Europe
D) U.S.residents receive gifts of money from friends abroad
E) income received by U.S.resident from overseas investment

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions