Author Question: The purchase of French wine by U.S. consumers will be accounted as: a. a deficit in the services ... (Read 121 times)

theo

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The purchase of French wine by U.S. consumers will be accounted as:
 a. a deficit in the services account.
  b. a credit in the merchandise account.
  c. a debit in the services account.
  d. a surplus in the services account.
  e. a debit in the merchandise account.

Question 2

Which of the following would not be a part of the merchandise trade balance?
 a. Exports of consumer durables
  b. Merchandise imports
  c. International freight costs
  d. Computer hardware exports
  e. Sale of domestically produced cars to foreigners



otokexnaru

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Answer to Question 1

e

Answer to Question 2

c



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