With Respect to Balance of Payments Calculation, When a German

question 41

Multiple Choice

With respect to balance of payments calculation, when a German tourist visits the United States and spends money on meals and lodging, it is a(n) ___________ to the U.S.trade in services balance.

• A)debit
• B)credit
• C)convertible
• D)exchange interest factor
• E)non-entity

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Definitions:

Tribune Arches

Structural elements in architecture that form a series of arches supporting a gallery or upper level in a church or basilica.

Virgin Mary

A central figure in Christianity, regarded as the mother of Jesus Christ, often depicted in religious art and icons.

Gothic Cathedrals

Large, often ornately decorated Christian churches of the medieval period characterized by pointed arches, ribbed vaults, and flying buttresses.

Reims Portal

A richly decorated entrance door to the Reims Cathedral in France, an exemplary piece of Gothic architecture, known for its detailed sculptures and historical significance.