Which of the Following Falls on the Plus Side of the U.S

question 74

Multiple Choice

Which of the following falls on the plus side of the U.S. balance of payments?

• A) Payments to the United States for insurance
• B) The costs of goods imported
• C) Spending by American tourists overseas
• D) New overseas investments
• E) The cost of foreign military

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Definitions:

Soybeans

A type of edible legume that is widely cultivated for its nutrient-rich seeds and oil.

Alfalfa

A perennial flowering plant widely cultivated as fodder for livestock due to its high protein content and essential nutrients.

Opportunity Cost

The cost of foregone alternatives; the value of the best alternative that is given up as a result of making a decision.

Alfalfa

A perennial flowering plant often used as fodder for livestock, particularly rich in nutrients.