Solved

Which of the Following Will Be Recorded as a Credit

Question 16

Multiple Choice

Which of the following will be recorded as a credit entry in the U.S.balance of trade in merchandise account?


A) A U.S.car manufacturer selling a car to a resident of India
B) A French wine manufacturer selling wines to a distributor in Seattle
C) A U.S.investor investing in Japanese stocks
D) A U.S.steel manufacturer importing iron ore from Zambia
E) A U.S.resident buying diamonds from a diamond manufacturer in Kenya

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions