In the balance of payments, any transaction that leads to a receipt by a resident of a country or its government is a(n)

Of the emerging changes in the field of international relations, which is the most far-reaching and critical one?

a. increasing gaps in wealth b. erosion of American power c. role of the sovereign state d. spread of democracy

If relative purchasing power between the United States and Argentina is 3.22 pesos per dollar, under which circumstances would we say that the dollar is "overvalued"?

A) if the actual exchange rate between the dollar and the Argentinean peso is 3 pesos per dollar B) if the actual exchange rate between the dollar and the Argentinean peso is 4 pesos per dollar C) if the actual exchange rate between the dollar and the Argentinean peso is 3.22 pesos per dollar D) if the actual exchange rate between the dollar and the Argentinean peso is 0.22 pesos per dollar