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
French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
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Port-wine hemangioma.
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