Multiple Choice
When Serena from the United States flies to Scotland on a Canadian airline, stays in an Edinburgh hotel, and buys many wool sweaters from Scotland to bring home, she is
A) decreasing the trade deficit of the United States.
B) contributing to the positive balance of payments of the United States.
C) contributing to the negative balance of payments of the United States.
D) buying imported goods.
E) contributing to the GDP of the United States.
Correct Answer:

Verified
Correct Answer:
Verified
Q91: The Export-Import Bank of the United States<br>A)
Q92: XYZ Company wants to explore commercial opportunities
Q93: Landing Service<br>Landing Service is a lawn furniture
Q94: Ginger decides to take her small company
Q95: An unfavorable balance of trade occurs when<br>A)
Q97: The United States is a member of
Q98: An organization of nations formed to promote
Q99: Suppose a set of English bone china
Q100: Critics of NAFTA maintain that NAFTA<br>A) has
Q101: Eleven republics of the former Soviet Union