167k views
1 vote
All of the following would be listed as surplus items on the U.S. balance of payments international accounts except

A. sales of U.S. dollars to foreign residents.
B. U.S.​ tourists' expenditures in foreign countries.
C. exports of merchandise.
D. foreign military spending in the United States.

1 Answer

7 votes

Answer:

The correct answer is B: U.S.​ tourists' expenditures in foreign countries.

Step-by-step explanation:

To be listed as a surplus in the U.S. balance of payments, it needs to be an entry of money to the economy. The option B is the only one that does not meet the requirements. U.S.​ tourists' expenditures in foreign countries mean an exist of money to other countries.

User Don Brody
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.