If ________, net exports are negative. A. imports exceed exports B. exports exce

Question

If ________, net exports are negative. A. imports exceed exports B. exports exceed transfer payments C. imports exceed transfer payments D. exports exceed imports

The dividend earned by a domestic resident on a stock owned in a foreign company is an example of a(n) ________. A. export by the domestic resident B. import by the domestic resident C. transfer payment received from foreigners D. factor payment received from foreigners

If a consumer in UK buys a camera from a manufacturer in the U.S., everything else remaining unchanged, ________. A. the U.S.'s net transfer payment will increase B. the UK's net factor payment from abroad will fall C. there will be a deficit in U.S.'s financial account D. the U.S.'s net exports will increase

Explanation / Answer

A. imports exceed exports

D. factor payment received from foreigners

B. the UK's net factor payment from abroad will fall

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