Question

All of the following would be listed as surplus items on the U.S. balance of payments international accounts except

A. sales of U.S. dollars to foreign residents.
B. U.S.​ tourists' expenditures in foreign countries.
C. exports of merchandise.
D. foreign military spending in the United States.

Answer 1

Answer:

The correct answer is B: U.S.​ tourists' expenditures in foreign countries.

Explanation:

To be listed as a surplus in the U.S. balance of payments, it needs to be an entry of money to the economy. The option B is the only one that does not meet the requirements. U.S.​ tourists' expenditures in foreign countries mean an exist of money to other countries.