Multiple Choice
Which of the following is true of the U.S. balance of payments?
A) It includes as receipts all inflows of funds from foreigners to the United States.
B) It includes as receipts only inflows of funds used to purchase U.S. produced goods and services.
C) It includes as receipts inflows of funds used to purchase U.S. goods or services or to acquire U.S. assets but not funds received as unilateral transfers.
D) It includes as receipts inflows of funds used to purchase U.S. goods or services and funds received as unilateral transfers but not inflows of funds used to acquire U.S. assets.
Correct Answer:
Verified
Correct Answer:
Verified
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