Which of the Following Is True

question 45

Multiple Choice

Which of the following is true?

• A)​U.S.imports are considered a credit item in the balance of payment, because the dollars sold to buy the necessary foreign currency add to foreign claims against U.S.buyers.
• B)​When the U.S.runs a trade deficit in goods and services with the rest of the world, the rest of the world must be running a trade surplus in goods and services with the U.S.
• C)​When the U.S.runs a trade deficit in goods, it must run a trade surplus in services.
• D)​None of the above is true.

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Definitions:

Rework Costs

Costs incurred to correct defective product or service before it is delivered to the customer.

Shopfloor Personnel Qualification

The level of training and skills that employees working directly in production or the manufacturing area possess.

Non-financial Measures

Performance indicators that are not monetary in nature, such as customer satisfaction, employee turnover, or quality of service.

Essential Limitations

Essential limitations refer to the inherent restrictions or constraints that affect the scope, effectiveness, or functioning of an object, system, or process.