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    International Economics Study Set 9
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    Exam 1: Trade in the Global Economy
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    When a Foreign Resident Purchases a Good or Service from Someone
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When a Foreign Resident Purchases a Good or Service from Someone

Question 35

Question 35

Multiple Choice

When a foreign resident purchases a good or service from someone in the United States, the transaction is:


A) a U.S. export.
B) a U.S. import.
C) bilateral exchange.
D) a compensating differential.

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