Which of the following is true? a. U.S. imports are considered a ...

[bobbysung]

Which of the following is true?
 a. U.S. imports are considered a credit item in the balance of payment, because the dollars sold to buy the necessary foreign currency add to foreign claims against U.S. buyers.
  b. When the U.S. runs a trade deficit in goods and services with the rest of the world, the rest of the world must be running a trade surplus in goods and services with the U.S.
  c. When the U.S. runs a trade deficit in goods, it must run a trade surplus in services.
 d. None of the above is true.

Question 2

The process by which a legislator votes in favor of the legislation of other lawmakers in order to gain support for her own legislation is known as:
 a. pork barrel legislation.
  b. logrolling.
 c. the median vote model.
  d. none of the above

[IRincones]

Answer to Question 1

b

Answer to Question 2

b