tourist from Germany buying a ticket to fly from New York to Chicago on American Airlines.

a tour Show more An example of a transaction that will be a surplus item on the U.S. balance of payments is A. a tourist from Germany buying a ticket to fly from New York to Chicago on American Airlines. B. a gift of wheat from the U.S. government to India. C. a French subsidiarys plant in New Jersey purchasing parts from the main plant in Paris. D. a U.S. resident purchasing French wine. An example of a unilateral transfer is A. a gift to a relative who lives abroad. B. a check received in payment for an import. C. SDR payments to world creditors. D. gold payments to foreign companies. Use the table at right. Nation A has a balance of trade A. deficit of 50. B. deficit of 10. C. surplus of 10. D. surplus of 50. Nation A in Billions of Local Currency Exports of goods $50 Net unilateral transfers minus25 Imports of services minus20 Official reserve transaction accounts minus85 Imports of goods minus100 Exports of services 80 Capital account 100 A depreciation of the U.S. dollar relative to the euro would tend to A. increase U.S. exports to Germany. B. increase U.S. imports from Germany. C. decrease U.S. exports to Germany. D. increase both U.S. imports from Germany and U.S. exports to Germany. Show less

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