Which of the Following Is a Deficit Item on the U.S

question 240

Multiple Choice

Which of the following is a deficit item on the U.S. balance of payments accounts?

• A)A U.S. firm sells a product to a Mexican firm.
• B)An Italian tourist in Miami purchases a beach ball.
• C)A Spaniard buys 100 shares of Ford stock.
• D)A U.S. resident buys gold from the Japanese central bank.

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