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Title: Which of the following statements is correct? Post by: jack103106 on Dec 4, 2022 Which of the following statements is correct?
▸ Imports refer to the goods and services that are produced domestically and consumed abroad. ▸ Transfer payments from foreigners represent the payments that domestic residents receive from assets owned in foreign countries. ▸ Factor payments from foreigners represent the "gifts" received from individuals who reside abroad or from foreign governments. ▸ Exports refer to the goods and services that are produced domestically and sold abroad. Title: Which of the following statements is correct? Post by: Pmoch on Dec 4, 2022 Content hidden
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