Economics 0455 · IGCSE · Current account of balance of payments

Current account of balance of payments — practice question

Which item will be recorded as an outflow in the services section of the current account of the US balance of payments?

  • Amoney paid by chemical producers in the US for foreign oil
  • Bmoney paid by foreign firms for US cars
  • Cmoney paid by migrant workers in the US to their families overseas
  • Dmoney paid by US tourists visiting attractions in other countries

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