U.S.net Exports Include

question 103

Multiple Choice

U.S.net exports include

• A)sales of Hollywood movies to the rest of the world.
• B)the production of Ford Mustangs in China that are sold in China.
• C)Honda automobiles produced and sold in Japan.
• D)the sale of shares of Nike stock on the New York Stock Exchange.
• E)the sale of U.S.government securities to U.S.citizens.

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Definitions:

Title

A legal term referring to the legal rights of ownership and possession of a particular property or asset.

Encumbrances

Legal claims or liabilities on property or assets that may affect their use or transferability, such as mortgages or liens.

Obligation

A legal or moral commitment to perform or refrain from performing some action.

Commission

A fee paid to an agent or employee for facilitating a sale or service.