Which of the Following Would Be Represented as a Debit

question 70

Multiple Choice

Which of the following would be represented as a debit in the U.S.balance of payments?

• A)U.S.purchase of cars from Italy
• B)U.S.sale of beef to Israel
• C)Transfers received by the U.S.government from foreign governments
• D)Gifts received by U.S.residents from friends abroad
• E)Income received by U.S.residents from overseas investments

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Definitions:

Black Bass

A popular freshwater gamefish in the Micropterus genus, known for its fighting spirit when caught.

Striped Bass

A popular game fish found in the Atlantic coast of North America, characterized by dark stripes running across its body horizontally.

Quieter Atmosphere

An environment characterized by low noise levels, often preferred for relaxation or concentration.

Entertainment

Activities, performances, or media produced to give people pleasure or relaxation, often including movies, music, games, and shows.