Which One of the Following Would Be Recorded as a Credit

question 137

Multiple Choice

Which one of the following would be recorded as a credit in the U.S. balance of payments accounts?

• A) the purchase of an European-made car by an American
• B) the purchase of insurance from Lloyd's of London by an American business firm
• C) the purchase of an American-made computer by an European business
• D) the purchase of Japanese bonds by an American investor

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Definitions:

Antecedent State

The situational conditions or moods affecting an individual's cognitive processes and decision-making prior to engaging in a particular action or behavior.

Internal Search

The cognitive process by which an individual retrieves knowledge or past experiences to inform current decision-making.

External Search

The process of seeking information from sources outside of one's immediate personal knowledge to make a decision.

Purchase Task

The activities and decision-making processes involved in buying a product or service.