Which of the Following Is a Credit Item in the U.S.balance

question 38

Multiple Choice

Which of the following is a credit item in the U.S.balance of payments?

• A)Imports of cars from Japan
• B)Purchase of an American car by a Japanese citizen
• C)Purchase of Chinese assets by an American citizen
• D)An American firm's purchase of steel from a European steel mill
• E)An increase in American tourists abroad

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Definitions:

Navy Ship

A vessel deployed by a country's naval forces, designed for combat, transportation, or support roles at sea.

Transitional Expression

Words or phrases used to connect ideas smoothly in writing or speech, facilitating a smooth flow of thoughts.

Wool Blanket

A type of blanket made from wool, known for its warmth and natural insulating properties.

Emergency Help

Immediate assistance or support provided during urgent situations to prevent or alleviate suffering.