Which of the Following Would Contribute to a Positive Trade

question 142

Multiple Choice

Which of the following would contribute to a positive trade balance for a country?

• A) having tourists visit the country
• B) importing textiles
• C) having foreign residents buy the government bonds of the country
• D) importing financial services

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Definitions:

Effective Yield

The total yield on an investment, taking into account the compounding of interest, as opposed to just the nominal rate.

Bond Issue Costs

Expenses associated with the issuance of bonds, including legal fees, printing costs, and commissions, that are typically amortized over the life of the bonds.

Financial Statements

Documents that report on a company's financial performance, position, and cash flows, typically including the balance sheet, income statement, and cash flow statement.

Premium on Bonds Payable

The amount by which the selling price of a bond exceeds its par value or face value.