Explain payment from foreigners in the financial account, Microeconomics

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Explain payment from foreigners in the financial account

The U.S. exports corn to other nations. In the U.S. balance of payments account, this transaction would be entered as:

a) a payment from foreigners in the financial account.

b) a payment from foreigners in the current account.

c) a payment to foreigners in the current account.

d) a payment to foreigners in the financial account.

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Microeconomics: Explain payment from foreigners in the financial account

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Microeconomics: Explain payment from foreigners in the financial account

Reference No:- TGS038418

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Recent Questions Asked Microeconomics

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Microeconomics: Explain payment from foreigners in the financial account

Reference No:- TGS038418

Recent Questions Asked Microeconomics

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