Author Question: Identify a true statement about balance of payments. A) Balance of payments includes foreign ... (Read 66 times)

drink · **on:** Jul 14, 2018

Identify a true statement about balance of payments.
A) Balance of payments includes foreign borrowing and lending.
B) Balance of payments surplus indicates more money flowing out than in.
C) Balance of payments excludes overseas investments.
D) Balance of payments deficit indicates more money flowing in than out.

Question 2

If the United States and Japan can't settle their trade disputes on their own, they probably should settle them through the
A) Tokyo Round.
B) Kennedy Round.
C) Uruguay Round.
D) WTO.
E) United Nations.