Which of the Following Entries Is Considered to Be a Service

question 121

Multiple Choice

Which of the following entries is considered to be a service
Export?

• A)the Japanese buying soybeans from the United States
• B)the Chinese selling iPhones to the United States
• C)Mexican tourists visiting the Grand Canyon
• D)the French selling wine to the United States

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Definitions:

Basis Points

A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, equal to 1/100th of 1%.

Yield To Maturity

The total return anticipated on a bond if held until its maturity date, factoring in its current market price, face value, interest rate, and time to maturity.

Perpetuity

A type of financial instrument that offers indefinite or endless payments to the holder, often used to represent the value of fixed interest stocks.

Compound Rate

The rate at which a sum of money grows exponentially over time, considering the reinvestment of interest or earnings.