All of the Following Are Deficit Items in the Balance

question 195

Multiple Choice

All of the following are deficit items in the balance of payments EXCEPT

• A) purchases of foreign assets.
• B) imports of merchandise.
• C) foreign tourist expenditures.
• D) purchases of foreign currency.

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Definitions:

Sugar

A sweet-flavored substance, primarily sucrose, lactose, and fructose, derived from various plants and used for human consumption.

Combustion Reactions

Chemical reactions that involve the burning of a substance in the presence of oxygen, often producing heat and light.

Ideal Conditions

Conditions that are considered perfect for a specific process or reaction, often theoretical and not attainable in practical situations.

Combustion Reaction

A chemical process in which a substance combines with oxygen, releasing heat and often light; commonly associated with fire.