Author Question: Which of the following will be recorded as a credit entry in the U.S. balance of trade in ... (Read 20 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
Which of the following will be recorded as a credit entry in the U.S. balance of trade in merchandise account?
 a. A U.S. car manufacturer selling a car to a resident of India.
  b. A French wine manufacturer selling wines to a distributor in Seattle.
  c. A U.S. investor investing in Japanese stocks.
  d. A U.S. steel manufacturer importing iron ore from Zambia.
  e. A U.S. resident buying diamonds from a diamond manufacturer in Kenya.

Question 2

Suppose a U.S. resident buys a car from a car maker in Japan. This transaction will:
 a. have a negative effect on Japan's balance of trade in merchandise.
  b. have a negative effect on the U.S. balance of trade in merchandise.
  c. have a positive effect on the U.S. balance of trade in merchandise.
  d. bring money into the United States.
  e. have no effect on Japan's balance of trade in merchandise.



Kjones0604

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

a

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

For a complete list of videos, visit our video library