Multiple Choice
An example of a deficit item on the U.S. balance of payments is
A) the sale of a carburetor made in Michigan to a Honda plant in Ohio.
B) a deposit in a bank in New York by a British firm.
C) a U.S. resident flies from New York to Rome on British Airways.
D) the payment of a dividend from a Canadian firm to an American living in Maine.
Correct Answer:

Verified
Correct Answer:
Verified
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