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    International Economics Study Set 10
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    Exam 1: The Global Economy
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    When a Foreign Resident Purchases a Good or Service from
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When a Foreign Resident Purchases a Good or Service from

Question 119

Question 119

Multiple Choice

When a foreign resident purchases a good or service from
Someone in the United States, the transaction is:


A) a U.S.export.
B) a U.S.import.
C) bilateral exchange.
D) a compensating differential.

Correct Answer:

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