U.S. Imports Are Considered

question 7

Multiple Choice

U.S. imports are considered:

• A)​a credit or plus item in the U.S.balance of payments.
• B)​a credit or minus item in the U.S.balance of payments.
• C)​a debit or plus item in the U.S.balance of payments.
• D)​a debit or minus item in the U.S.balance of payments.

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Definitions:

Straight Commission

A compensation method where an employee or salesperson is paid solely based on the amount of sales generated.

Annual Quota

An annual quota is a fixed limit on the quantity of something that can be produced, imported, or acquired within a single year.

Gross Earnings

The total amount of money an individual earns before any deductions or taxes are applied.

Public Holidays

Days that are recognized and celebrated as holidays according to the law, during which businesses and government offices may be closed.