Which of the following items is NOT a deficit item in the balance of payments?
A) imports of merchandise
B) sales of domestic assets to foreigners
C) purchases of gold from foreigners
D) military spending abroad
Ans: B) sales of domestic assets to foreigners
Economics
You might also like to view...
Increases in the marginal product of labor can be attributed to:
A) specialization of workers. B) depreciation of capital. C) diminishing returns to workers. D) congestion and thus better use of work space.
Economics
Differentiate between the two types of altruism
What will be an ideal response?
Economics