1. On the balance-of-payments statements, merchandise imports are classified in the:
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2. The balance of international indebtedness is a record of a country's international:
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3. Which balance-of-payments item does not directly enter into the calculation of the U.S. gross domestic product?
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4. Which of the following is considered a capital inflow?
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5. Which of the following would call for inpayments to the United States?
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6. In a country's balance of payments, which of the following transactions are debits?
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7. Which of the following is classified as a credit in the U.S. balance of payments?
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Table 10.1 gives hypothetical figures for U.S. International Transactions.
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8. Referring to Table 10.1, the goods and services balance equals:
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9. Referring to Table 10.1, the current account balance equals:
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10. Unlike the balance of payments, the balance of international indebtedness indicates the international:
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11. Which of the following indicates the international investment position of a country at a given moment in time?
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12. Concerning the U.S. balance of payments, which account is defined in essentially the same way as the net export of goods and services, which comprises part of the country's gross domestic product?
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13. If an American receives dividends from the shares of stock she or he owns in Toyota, Inc., a Japanese firm, the transaction would be recorded on the U.S. balance of payments as a:
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14. If the United States government sells military hardware to Saudi Arabia, the transaction would be recorded on the U.S. balance of payments as a:
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15. The U.S. balance of trade is determined by:
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16. U.S. military aid granted to foreign countries is entered in the:
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17. If the U.S. faces a balance-of-payments deficit on the current account, it must run a surplus on:
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18. The current account of the U.S. balance of payments does not include:
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19. The U.S. has a balance of trade deficit when its:
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20. The value to American residents of income earned from overseas investments shows up in which account in the U.S. balance of payments?
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Table 10.2. International Investment Position of the United States
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21. Consider Table 10.2. The U.S. balance of international indebtedness suggests that the United States is a net:
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22. For the first time since World War I, in 1985 the United States became a net international:
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23. A country that is a net international debtor initially experiences:
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24. Credit (+) items in the balance of payments correspond to anything that:
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25. Debt (-) items in the balance of payments correspond to anything that:
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26. When all of the debit or credit items in the balance of payments are combined:
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27. In the balance of payments, the statistical discrepancy is used to:
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