Which of the Following Is NOT an Item to Be

question 11

Multiple Choice

Which of the following is NOT an item to be considered in BOP calculations?

• A) A foreign resident purchases a U.S. Treasury Bill.
• B) A U.S.-based firm manages the development of an oil field in Kazakhstan.
• C) A consumer buys a VCR made in Korea from a Florida Wal-Mart store.
• D) A U.S. citizen living in Minnesota travels to Winnipeg, Canada, and buys a case of LaBatt's Canadian beer.

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Definitions:

Per Se Violations

In law, actions or situations that are inherently illegal and do not require further proof of illegality or intent to enforce penalties.

Acceptable Practices

Established norms or standards of behavior that are considered to be appropriate and acceptable within a specific field or context.

Business Practices

The methods, strategies, and procedures employed by companies in the design, production, marketing, and sale of their products and services.

Sherman Act

A United States antitrust law passed in 1890 that outlaws monopolistic practices and promotes competition.