Which of the Following Is a Deficit Item on the Balance

question 294

Multiple Choice

Which of the following is a deficit item on the balance of payments?

• A) Exports of merchandise
• B) Foreign tourist dollars spent domestically
• C) Sales of gold to foreigners
• D) Purchases of foreign assets

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Definitions:

Scientific Data

Information collected through systematic observation or experimentation that serves as a basis for research, analysis, or calculation in the sciences.

Education in Europe

The system and practices of teaching and learning prevalent across European countries, often characterized by a strong emphasis on quality and accessibility.

Allopathic Doctors

Medical professionals who practice a system of medicine that aims to combat disease by using remedies such as drugs or surgery, which produce effects different from those produced by the disease being treated.

American Medical Association

A professional association and lobbying group for medical doctors in the United States, aimed at promoting the art and science of medicine for better public health.