Author Question: Which of the following transactions directly leads to a surplus on the U.S. capital and financial ... (Read 46 times)

strangeaffliction

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Which of the following transactions directly leads to a surplus on the U.S. capital and financial account?
 
  A) An American purchases a share of stock on the Tokyo exchange.
  B) An American sells wheat to an African nation.
  C) A Japanese resident purchases a U.S. government bond.
  D) A resident of France visits the United States.

Question 2

Dumping occurs when a foreign firm ________.
 
  A) pollutes international waters
  B) disposes of waste materials in other countries
  C) sells inferior output to foreigners
  D) sells its exports at a lower price than its cost of production



durant1234

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Answer to Question 1

C

Answer to Question 2

D



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