Which of the Following Would Be a Debit in the U.S

question 4

Multiple Choice

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

• A) the purchase of air service from a U.S. airline by a Japanese traveler
• B) the purchase of a German car by an American
• C) a short-term loan to a Japanese manufacturer by a U.S. bank
• D) the purchase of U.S. grain by a Japanese firm

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Definitions:

Sediment

Particles of rock, minerals, or organic materials that have been transported and deposited by water, wind, ice, or gravity.

Deposited

The process by which sediments, soil, and rocks are added to a landform or land mass, typically through the action of wind, water, or ice.

Hydrothermal Rock

Rock formed by the alteration of pre-existing rock through the action of hydrothermal fluids at high temperatures and pressures.

Magma

The molten or semi-molten natural material from which all igneous rocks are formed, found beneath the Earth's surface.