An Example of a Transaction That Will Be a Surplus

question 57

Multiple Choice

An example of a transaction that will be a surplus item on the U.S. balance of payments is

• A) a U.S. resident purchasing French wine.
• B) a French subsidiary's plant in New Jersey purchasing parts from the main plant in Paris.
• C) a gift of wheat from the U.S. government to India.
• D) a tourist from Germany buying a ticket to fly from New York to Chicago on American Airlines.

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Definitions:

Establish Rapport

The process of building a friendly and harmonious relationship based on understanding and trust.

Modifying Feelings

The process of altering or adjusting one's emotions toward a more desired state.

Display Rules

Cultural or societal norms dictating the appropriate emotional expressions under various circumstances.

Cognitive Empathy

The capacity to understand another person's point of view or mental state without necessarily sharing their emotion or experience.