An Example of a Deficit Item on the U

question 26

Multiple Choice

An example of a deficit item on the U.S. balance of payments is

• A) the sale of a carburetor made in Michigan to a Honda plant in Ohio.
• B) a deposit in a bank in New York by a British firm.
• C) a U.S. resident flies from New York to Rome on British Airways.
• D) the payment of a dividend from a Canadian firm to an American living in Maine.

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Definitions:

Consumers

Individuals or groups that purchase or have the potential to purchase goods and services for personal use.

Eco-efficiency

An approach that focuses on reducing ecological impact while maximizing resource efficiency and productivity.

Environmental Impact

The effect or influence of human activities on the natural environment, including factors like pollution, habitat destruction, and climate change.

Marketing Strategy

A company's comprehensive plan for promoting and selling its products or services, combining market research, product development, promotion, and distribution to reach its target market effectively.