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) Debit: merchandise trade; credit: capital and financial account
B) Debit: capital and financial account; credit: merchandise trade
C) Debit: merchandise trade; credit: services
D) Debit: services; credit: merchandise trade
Correct Answer:

Verified
Correct Answer:
Verified
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