The transaction that will be counted in U.S. current account.

Question

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Answer 1

Question

Chapter 8R, Problem 1MCQ

To determine

The transaction that will be counted in U.S. current account.

Expert Solution & Answer

Explanation of Solution

The current account, one of three elements that make up a country's balance of payments system, consists of the trade balance, or the difference between imports and exports of goods and services, plus income from overseas investments less payments to foreign investors. The current account keeps track of a country's interactions with the rest of the world during a certain time period, such a year or quarter, including its net commerce in products and services, net returns on international investments, and net transfer payments.

From the above we can conclude that the correct option is A.

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Answer 2

Question

Chapter 8R, Problem 1MCQ

To determine

The transaction that will be counted in U.S. current account.

Expert Solution & Answer

Explanation of Solution

The current account, one of three elements that make up a country's balance of payments system, consists of the trade balance, or the difference between imports and exports of goods and services, plus income from overseas investments less payments to foreign investors. The current account keeps track of a country's interactions with the rest of the world during a certain time period, such a year or quarter, including its net commerce in products and services, net returns on international investments, and net transfer payments.

From the above we can conclude that the correct option is A.

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Answer 3

Question

Chapter 8R, Problem 1MCQ

To determine

The transaction that will be counted in U.S. current account.

Expert Solution & Answer

Explanation of Solution

The current account, one of three elements that make up a country's balance of payments system, consists of the trade balance, or the difference between imports and exports of goods and services, plus income from overseas investments less payments to foreign investors. The current account keeps track of a country's interactions with the rest of the world during a certain time period, such a year or quarter, including its net commerce in products and services, net returns on international investments, and net transfer payments.

From the above we can conclude that the correct option is A.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 8R, Problem 1MCQ

To determine

The transaction that will be counted in U.S. current account.

Expert Solution & Answer

Explanation of Solution

The current account, one of three elements that make up a country's balance of payments system, consists of the trade balance, or the difference between imports and exports of goods and services, plus income from overseas investments less payments to foreign investors. The current account keeps track of a country's interactions with the rest of the world during a certain time period, such a year or quarter, including its net commerce in products and services, net returns on international investments, and net transfer payments.

From the above we can conclude that the correct option is A.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 8R, Problem 1MCQ

To determine

The transaction that will be counted in U.S. current account.

Expert Solution & Answer

Explanation of Solution

The current account, one of three elements that make up a country's balance of payments system, consists of the trade balance, or the difference between imports and exports of goods and services, plus income from overseas investments less payments to foreign investors. The current account keeps track of a country's interactions with the rest of the world during a certain time period, such a year or quarter, including its net commerce in products and services, net returns on international investments, and net transfer payments.

From the above we can conclude that the correct option is A.

Answer 6

Chapter 8R, Problem 1MCQ

To determine

The transaction that will be counted in U.S. current account.

Expert Solution & Answer

Explanation of Solution

The current account, one of three elements that make up a country's balance of payments system, consists of the trade balance, or the difference between imports and exports of goods and services, plus income from overseas investments less payments to foreign investors. The current account keeps track of a country's interactions with the rest of the world during a certain time period, such a year or quarter, including its net commerce in products and services, net returns on international investments, and net transfer payments.

From the above we can conclude that the correct option is A.

Answer 7

Chapter 8R, Problem 1MCQ

To determine

The transaction that will be counted in U.S. current account.

Answer 8

Expert Solution & Answer

Explanation of Solution

The current account, one of three elements that make up a country's balance of payments system, consists of the trade balance, or the difference between imports and exports of goods and services, plus income from overseas investments less payments to foreign investors. The current account keeps track of a country's interactions with the rest of the world during a certain time period, such a year or quarter, including its net commerce in products and services, net returns on international investments, and net transfer payments.

From the above we can conclude that the correct option is A.