The Plus Items Below Are "Export-Type" Entries and the Minus

question 100

Multiple Choice

The plus items below are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo. $\begin{array}{c}\begin{array}{lll} \text { 1) Goods Exports}\\ \text { 2) Balance on Capital Account}\\ \text { 3) Net Transfers}\\ \text { 4) Imports of Services}\\ \text { 5) Net Investment Income}\\ \text { 6) US Purchases of Assets Abroad}\\ \text { 7) Goods Imports}\\ \text { 8) Foreign Purchases of Assets in the US}\\ \text { 9) Export of Services} \end{array}\begin{array}{r}+\$ 200 \\0 \\0 \\-100 \\0 \\-50 \\-250 \\+150 \\+50 \end{array}\end{array}$
Refer to the given information.The financial account items for Zippo are:

• A) 1,2,3,and 4.
• B) 1,3,4,5,7,and 9.
• C) 6 and 8.
• D) 1,2,4,7,and 9.

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Definitions:

Labor Unions

Labor Unions are organizations that represent the collective interests of workers in negotiations with employers regarding wages, benefits, workplace safety, and other employment terms.

Socialist Challenge

Refers to the various movements, ideologies, and efforts aimed at challenging capitalist systems with socialist principles for more equitable distribution of wealth and resources.

Boarding School

An educational institution where students live on the premises while being given formal instruction.

Civilize

To bring a society to a stage of social, cultural, and moral development considered to be more advanced, often used historically in a context of colonialism and imperialism.