The purchase of French wine by U.S. consumers will be accounted as: A)a deficit

Question

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 for U.S. net exports.
E)a debit in the merchandise account

Which of the following is included in a nation's current account? A)Purchases of foreign assets
B)Borrowing from abroad
C)Foreign purchases of U.S. financial assets
D)Investment income receipts
E)Purchases of foreign real property
A U.S. tourist travels to Italy and spends $900 during the trip. How is this activity recorded in the U.S. current account? A)Credit unilateral transfers for $900
B)Debit unilateral transfers for $900
C)Credit merchandise for $900
D)Debit services for $900
E)Credit services for $900 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 for U.S. net exports.
E)a debit in the merchandise account
The purchase of French wine by U.S. consumers will be accounted as:
Which of the following is included in a nation's current account? A)Purchases of foreign assets
B)Borrowing from abroad
C)Foreign purchases of U.S. financial assets
D)Investment income receipts
E)Purchases of foreign real property
Which of the following is included in a nation's current account? A)Purchases of foreign assets
B)Borrowing from abroad
C)Foreign purchases of U.S. financial assets
D)Investment income receipts
E)Purchases of foreign real property Which of the following is included in a nation's current account?
A U.S. tourist travels to Italy and spends $900 during the trip. How is this activity recorded in the U.S. current account? A)Credit unilateral transfers for $900
B)Debit unilateral transfers for $900
C)Credit merchandise for $900
D)Debit services for $900
E)Credit services for $900 A U.S. tourist travels to Italy and spends $900 during the trip. How is this activity recorded in the U.S. current account?

Explanation / Answer

Hi, If you like my answer, please rate my answer first and according to my answer...that way only I can earn points. Thanks The purchase of French wine by U.S. consumers will be accounted as: E)a debit in the merchandise account Which of the following is included in a nation's current account? E)Purchases of foreign real property A U.S. tourist travels to Italy and spends $900 during the trip. How is this activity recorded in the U.S. current account? B)Debit unilateral transfers for $900

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