Which of the following is an example of a U.S. export of services?
A) a Canadian buys a Ford automobile that was produced in the United States
B) a U.S. traveler buys an Irish knit sweater made in Ireland
C) a British citizen buys an American Airlines ticket from London to New York
D) a U.S. citizen puts money into a French money market account
E) a Japanese exchange student buys a Big Mac while attending college in California

Question

Quizplus · Accepted Answer

A U.S. export of services includes instances where non-U.S. residents purchase services from U.S. entities. In choice C, a British citizen buying a ticket from American Airlines (a U.S. company) for travel from London to New York represents a purchase of a service from the U.S., thus making it an export of services from the U.S. perspective.

Which of the Following Is an Example of a U