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jack103106 jack103106
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A year ago
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.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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PmochPmoch
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A year ago
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jack103106 Author
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A year ago
this is exactly what I needed
kater28
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This helped my grade so much Perfect
Natalie Price
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You make an excellent tutor!
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