Which of the following would not be a part of the merchandise trade balance?
a. Exports of consumer durables
b. Merchandise imports
c. International freight costs
d. Computer hardware exports
e. Sale of domestically produced cars to foreigners
c
Economics
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A) checks and credit cards. B) currency and checks. C) currency and deposits. D) deposits and checks. E) currency, deposits, and gold.
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The present discounted value of a future payment becomes smaller when
A) the nominal interest rate decreases. B) the payment is made sooner rather than later. C) the payment itself decreases. D) all of the above E) none of the above
Economics