Multiple Choice
The purchase of French wine by U.S. consumers will be accounted as:
A) a deficit in the services account.
B) a credit in the merchandise account.
C) a debit in the services account.
D) a surplus in the services account.
E) a debit in the merchandise account.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q13: The table given below reports the
Q20: If a bank is selling Russian rubles
Q21: A country that shows a deficit in
Q22: If the exchange rate between the Canadian
Q23: When economists talk about a balance of
Q24: Which of the following statements about the
Q28: Which of the following would be entered
Q29: If the dollar price of the yen
Q30: On a given day, the exchange rate
Q56: Markets in which the currencies of different