Which of the Following Would Be Represented as a Debit

question 77

Multiple Choice

Which of the following would be represented as a debit in the U.S.balance of payments?

• A)U.S.purchase of cars from Italy
• B)U.S.sale of beef to Israel
• C)U.S.government receives transfers from foreign governments to support U.S.expenses incurred in Europe
• D)U.S.residents receive gifts of money from friends abroad
• E)income received by U.S.resident from overseas investment