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
Correct Answer:

Verified
Correct Answer:
Verified
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