Multiple Choice
Which of the following will be recorded as a debit entry in the balance of trade in merchandise account?
A) A U.S. car manufacturer selling a car to a resident of India.
B) A pub owner in Liverpool importing vodka from a U.S. manufacturer.
C) A U.S. textile manufacturer buying rawmaterial from farmers in Indonesia.
D) A Chinese car manufacturer importing car engines and other spare parts from a U.S. manufacturer.
E) A fashion designer from Michigan exporting readymade garments to a dealer in Copenhagen.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: The demand for foreign currency in the
Q10: All euro coins circulating in the different
Q31: If the price of a digital SLR
Q38: A trade deficit experienced by a country
Q45: Which of the following will increase the
Q68: A rise in the value of a
Q83: The statistical discrepancy account:<br>A)accounts for services.<br>B)accounts for
Q89: The four main components of the current
Q90: _ is a specific location in New
Q98: Suppose a U.S. resident buys a car