Indicate whether each of the following items represents a debit or a credit of the US balance of payments: The hiring of a Canadian trucking company by a US firm to transport horseradish into Canada. O Debit O Credit

Exploring Economics
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ISBN:9781544336329
Author:Robert L. Sexton
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Chapter29: International Finance
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Question 33
2.5
Indicate whether each of the following items represents a debit or a credit of the US balance of payments:
The hiring of a Canadian trucking company by a US firm to transport horseradish into Canada.
O Debit
O Credit
Transcribed Image Text:Question 33 2.5 Indicate whether each of the following items represents a debit or a credit of the US balance of payments: The hiring of a Canadian trucking company by a US firm to transport horseradish into Canada. O Debit O Credit
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