An Example of an Import of a Service in the U.S

question 267

Multiple Choice

An example of an import of a service in the U.S. balance of payments would be when

• A) an U.S. resident purchases a Japanese stereo.
• B) a Norwegian traveling in the United States rides a trolley car in San Francisco.
• C) a U.S. resident buying insurance from a firm in Toronto.
• D) a U.S. firm purchases 100 shares of a Dutch firm.