The Plus Items in the Table Are "Export-Type" Entries and the Minus

question 16

Multiple Choice

The plus items in the table are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo. Zippo has a

• A)current account surplus.
• B)financial account deficit.
• C)financial account surplus.
• D)surplus on goods and services.

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Definitions:

Online Marketplace

A digital platform where vendors can sell their goods or services directly to consumers over the internet.

Third Parties

External entities or individuals that are not directly involved in a transaction or contract between two principal parties but may play a role in the arrangement, such as suppliers, intermediaries, or partners.

Total Landed Cost

The total cost of a product that includes the costs of purchasing, freight, insurance, and other costs up to the port of destination.

Lifecycle Costs

The total cost of owning or operating a product, system, or facility over its entire life, including acquisition, operating, and disposal costs.