The following table contains hypothetical data for the 2012 U.S.balance of payments.Answer the question on the basis of this information.All figures are in billions of dollars.
Refer to the given data.Item (6) indicates that:
A) the United States used $15 billion of its international monetary reserves to balance its international payments.
B) the United States provided $15 billion of foreign aid to developing nations.
C) Americans provided a net amount of $15 billion in remittances to the rest of the world.
D) Americans received a net amount of $15 billion in remittances from the rest of the world.
Correct Answer:
Verified
Q31: Answer the question on the basis
Q32: Evidence of a chronic balance of payments
Q33: Which of the following is not included
Q34: Answer the question on the basis
Q36: The following table contains hypothetical data
Q37: Answer the question on the basis
Q38: If a nation's goods exports are $55
Q39: The following table contains hypothetical data
Q40: The plus items below are "export-type"
Q62: A deficit on the current account
A)normally causes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents