Which of the Following International Transactions Would NOT Be Counted

question 5

Multiple Choice

Which of the following international transactions would NOT be counted as a balance of payments (BOP) transaction?

• A) An American tourist purchases cheese in Milwaukee, Wisconsin.
• B) The U.S. subsidiary of a British firm pays profits (dividends) back to its parent firm in London.
• C) A Canadian lumber baron purchases a U.S. corporate bond through an investment broker in Seattle.
• D) All of the above are considered BOP transactions.

---

Definitions:

Interdepartmental Integration

The coordination and collaboration between different departments within an organization to achieve common goals.

Maslow's Theory

A psychological theory proposing a hierarchy of human needs, from basic physiological needs to safety, love and belonging, esteem, and finally self-actualization, influencing human behavior.

Herzberg's Theory

A motivation theory which suggests that there are certain factors that cause job satisfaction while a separate set of factors cause dissatisfaction, famously divided into 'hygiene' and 'motivator' factors.

Higher-Order Needs

These are advanced human needs as outlined in Maslow's hierarchy, including esteem and self-actualization needs, which are fulfilled after basic physical and security needs.