The Table Contains Hypothetical Data for the U

question 306

Multiple Choice

$$\begin{array} { | l | c | } \hline \text { (1) US Goods Exports } & + \$ 100 \\\hline \text { (2) US Goods Imports } & - 80 \\\hline \text { (3) US Service Exports } & + 40 \\\hline \text { (4) US Service Imports } & - 90 \\\hline \text { (5) Net Investment Income } & + 20 \\\hline \text { (6) Net Transfers } & - 15 \\\hline \text { (7) Foreign Purchases of Assets in the United States } & + 30 \\\hline \text { (8) US Purchases of Foreign Assets Abroad } & - 10 \\\hline \text { (9) Balance on Capital Account } & + 5 \\\hline\end{array}$$ The table contains hypothetical data for the U.S. balance of payments. All ?gures are in billions of dollars. The United States' balance on ?nancial account is a

• A) $20 billion surplus.
• B) $15 billion surplus.
• C) $30 billion de?cit.
• D) $20 billion de?cit.

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Definitions:

Consumer Product Safety Act

A federal law in the United States that was enacted to protect consumers against unreasonable risks of injuries and deaths associated with consumer products.

Product Safety

The assurance that products will not cause harm to consumers or users when used as intended.

Mandatory Standards

Regulations that set specific requirements for the quality, performance, or safety of products or services, and must be followed by manufacturers or service providers.

Fair and Accurate Credit Transactions Act

A federal law enacted to enhance consumer protection against identity theft and to improve the accuracy of consumer records.