Which of the Following Would Be a Credit in the U.S

question 47

Multiple Choice

Which of the following would be a credit in the U.S. balance of payments?

• A)​the purchase of a German car by an American
• B)​the purchase of insurance from Lloyds of London by a U.S.resident
• C)​a trip to Japan by an American student
• D)​a short-term loan extended to a South American country by the United States government

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Definitions:

Services Marketing

Services marketing is the promotion of intangible offerings that differ from physical products, focusing on service quality, customer relations, and experience management.

Four Ps

A marketing mix model that includes Product, Price, Place, and Promotion as key components to consider in marketing strategies.

Intangible Nature

Refers to the non-physical qualities or characteristics of services and goods, like brand image or customer experience.

Quality

The degree of excellence of a product or service, often measured against other similar products or services.