Which of the Following Would Be a Credit Item in Australia's

question 18

Multiple Choice

Which of the following would be a credit item in Australia's balance of payments?

• A) an Australian citizen travels to the US for a two- week holiday
• B) the Australian government lends Russia money
• C) an Australian company sells computer software to a company in Spain
• D) an Australian firm hires a non- Australian citizen

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Definitions:

Inside Diameter

A measurement of the width across the inside of a hollow or cylindrical object.

Piston Rings

Engine components that seal the combustion chamber, control oil consumption, and regulate heat transfer from the piston to the cylinder wall.

Forging Process

A manufacturing process involving the shaping of metal using localized compressive forces, such as hammering or pressing.

False Alarm

An incorrect signal indicating that a certain condition or attribute has been detected when it has not.