In terms of balance of payments accounting, which of the following would be recorded as a debit entry?
A: Exports of merchandise
B: Exports of services.
C: A foreigner's purchase of a S. Treasure bond.
D: An increase in a S. citizen's account at a foreign bank.
A: Exports of merchandise
B: Exports of services.
C: A foreigner's purchase of a S. Treasure bond.
D: An increase in a S. citizen's account at a foreign bank.
举一反三
- If Japan and U.S. enter into a VER (voluntary export restraint) agreement and Japan agrees to limit its exports to U.S., then we would expect that the VER's revenue effect would accrue to: ( ) A: Japan’s government. B: S. government C: Japan’s producers. D: S. producers.
- Which of the following is considered a capital inflow? A: A sale of US financial assets to a foreign buyer. B: A loan from a US bank to a foreign borrower. C: A purchase of foreign financial assets by a US buyer. D: A US citizen’s repayment of a loan from a foreign bank.
- The more a nation’s companies ________ factories abroad, the smaller that country’s recorded exports will be.
- Assume Countries A, B, and C produce goods that are substitutes of each other and that these countries engage in trade with each other. Assume that Country A's currency floats against Country B's currency, and that Country C's currency is pegged to B's. If A's currency depreciates against B, then A's exports to C should ____, and A's imports from C should ____. A: decrease; increase B: decrease; decrease C: increase; decrease D: increase; increase
- The impact of the appreciation of a country's currency on its import and export revenue is (). A: exports decrease, imports increase B: exports increase, imports decrease C: exports increase, imports increase D: exports decrease, imports decrease