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If a UScompany Imports 10 Toyotas from Japan at $15,000 Each,and the Each,and

Question 105

Multiple Choice

If a U.S.company imports 10 Toyotas from Japan at $15,000 each,and the Japanese company buys airline tickets on a U.S.airline with the money,how does this affect the U.S.balance of payments accounts?


A) Decline in merchandise trade; increase in financial account
B) Decline in financial account; increase in merchandise trade
C) Decline in merchandise trade; increase in services
D) Decline in services; increase in merchandise trade

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