Which of the Following Transactions Would Be Recorded as a Credit

question 24

Multiple Choice

Which of the following transactions would be recorded as a credit in the U.S. current account?​

• A)A U.S. consumer buying a television set made in Malaysia
• B)Singapore Airlines buying a jumbo jet made in the United States
• C)A U.S. investor purchasing British government bonds
• D)An American citizen flying to Lithuania by Lithuanian Airlines
• E)An American automobile distributor importing Honda trucks from Japan

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Definitions:

Reactive

Characterized by actions taken in response to external stimuli or events, as opposed to initiating actions proactively.

Person-Environment Transaction

The dynamic interaction and exchange between individuals and their surrounding physical, social, and cultural environments.

Active

Engaging or ready to engage in physically energetic pursuits; not passive.

Person-Environment Transaction

Describes how people and environments influence each other in dynamic ways, including how personal characteristics affect environmental reactions and vice versa.