A German publishing company buys an American publishing company based in New York. In the U.S. balance of payments accounts, this transaction directly appears in
A) the official settlements account.
B) the imports part of the current account.
C) the net transfers part of the current account.
D) the capital and financial account.
D
Economics
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When it comes to basic commodities, the United States is a net exporter of oil and metals and a net importer of farm crops
a. True b. False
Economics
The typical production possibilities curve is:
A. an upsloping line that is bowed out from the origin. B. a downsloping line that is bowed in toward the origin. C. a downsloping line that is bowed out from the origin. D. a straight upsloping line.
Economics