Author Question: All countries tend to have about the same tariff levels. Indicate whether the statement is true ... (Read 189 times)

NClaborn

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All countries tend to have about the same tariff levels.
 
  Indicate whether the statement is true or false

Question 2

An American buys a Japanese car, paying by writing a check on an account with a bank in New York. How would this be accounted for in the balance of payments?
 
  A) current account, a Japanese good import
  B) current account, a U.S. good import
  C) financial account, a U.S. asset import
  D) financial account, a U.S. asset export
  E) a current account as a U.S. good import and a financial account, a U.S. asset export



bimper21

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Answer to Question 1

FALSE

Answer to Question 2

E



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