Multiple Choice
Which of the following transactions should NOT be included on the U.S.balance of payments?
A) U) S.imports of Honda automobiles
B) A U.S.based construction firm hired for a construction project in South America
C) An American tourist purchases souvenirs in Spain
D) The U.S.subsidiary of a British firm pays dividends to the parent firm
E) A German purchases a Canadian Treasury bill
Correct Answer:

Verified
Correct Answer:
Verified
Q1: The _ account consists of three components:
Q2: The _ account makes sure the balance
Q3: The _ account records the results of
Q4: When capital flows into the United States,it
Q5: The _ account of the BOP shows
Q7: A country that is experiencing rapidly expanding
Q8: According to Obstfeld and Taylor,which era was
Q9: Joseph is a small-time crook who decides
Q10: _ refers to legal restraints on what
Q11: The current account records the results of