All of the following are credit items in the balance of payments except ?
Correct answer: D. private gives to foreign residents
- A. investment inflows
- B. merchandise exports
- C. payments for American services to foreigners
- D. private gives to foreign residents
Explanation
Merchandise exports, investment inflows, and payments received for services supplied to foreigners are credit items. Private gifts sent to foreign residents are unilateral payments abroad, so they are debits.
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