Exchange Rates and the Balance of Payments (id: 618da674c)

本题目来源于试卷: Exchange Rates and the Balance of Payments，类别为 IB经济学

[单选题]
Which of the following rlmyyl: d3qr-l) a+- peepresf g0rf7)i go01lptm6rents an invisible export in the balance of payments (BOP) of t 0t 07pfi61rm )gglorfhe US?

A. Purchase of a British firm by an American firm
B. US firms sending aid to Africa
C. A Korean tourist buying meals in a restaurant in New York
D. Americans receiving dividends on shares of Japanese stock


参考答案:  C


本题详细解析:

C

$\underset{‾}{\text{Explanation}}$:
Invisible exports refers to the export of services. If a Korean tourist spends money on his meals in a restaurant, then the restaurant provides services to the Korean; hence, it is an invisible export for the US.

Options A, B, and D are incorrect:

• Option A purchasing a firm is not a service and if an American firm purchases a British firm, it is recorded as foreign direct investment in the BOP of the US
• Option B sending aid is a current transfer and not a service
• Option D receiving dividends is a component of net incomes

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