3. Which of the following is NOT an item to be considered in BOP calculations? a. Purchase of a U.S. Treasury Bill by a foreign resident. b. A U.S.-based firm manages the development of an oil field in Kazakhstan. c. A consumer buys a VCR made in Korea from a Wal-Mart store. d. A U.S. citizen living in Minnesota travels to Winnipeg, Canada and buys a case of Canadian soda.

3. Which of the following is NOT an item to be considered in BOP calculations? a. Purchase of a U.S. Treasury Bill by a foreign resident. b. A U.S.-based firm manages the development of an oil field in Kazakhstan. c. A consumer buys a VCR made in Korea from a Wal-Mart store. d. A U.S. citizen living in Minnesota travels to Winnipeg, Canada and buys a case of Canadian soda.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Savings,investment And The Financial System

Section: Chapter Questions

Problem 3PA

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