Which of the following is classified as a credit in the U.S.balance-of-payments?
A) U.S. exports
B) U.S. gifts to other countries
C) a flow of gold out of the U.S.
D) foreign loans made by U.S. companies

Question

Quizplus · Accepted Answer

U.S. exports are classified as a credit in the balance of payments because they represent an inflow of foreign currency into the U.S. economy.

Which of the Following Is Classified as a Credit in the U.S.balance-Of-Payments