Which of the following will enter as a credit in the U.S. balance-of-payments financial account? (a) The sale of an American baseball team to a Japanese industrialist (b) The sale of Japanese electronics to an American (c) The purchase of a Japanese automobile by a U.S. consumer (d) The purchase of a Japanese electronics plant by an American industrialist

Which of the following will enter as a credit in the U.S. balance-of-payments financial account? (a) The sale of an American baseball team to a Japanese industrialist (b) The sale of Japanese electronics to an American (c) The purchase of a Japanese automobile by a U.S. consumer (d) The purchase of a Japanese electronics plant by an American industrialist

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter23: The International Trade And Capital Flows

Section: Chapter Questions

Problem 33CTQ: A government official announces a new policy. The country wishes to eliminate its trade deficit, but...

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