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Which ONE of the following would appear as a debit item on a country's balance of payments current account?
Suggested Answer: C
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33 comments · newest first
EL
Elliott
12 months ago
I’m not sure about A being a debit, sounds off to me.
KI
Kimi
12 months ago
D is a credit too, so it can't be that one.
JE
Jesus
1 year ago
Wait, overseas visitors spending money is a credit, right?
LA
Lashaun
1 year ago
I think C is the right answer, not A.
DO
Dottie
1 year ago
A is definitely a debit item.
EL
Eleonora
1 year ago
C sounds right because profits going out to another country usually count as a debit, but I need to double-check that.
LA
Laurel
1 year ago
I'm a bit confused because I thought expenditures by visitors would be credits, not debits. So, I guess that rules out B for me.
DE
Desmond
1 year ago
I remember practicing a similar question where overseas investments were considered debits. So, I might lean towards A again.
DO
Dorethea
1 year ago
I think a debit item is something that represents money leaving the country, so maybe it's A? But I'm not entirely sure.
DA
Daron
1 year ago
I'm a bit confused by this question. The wording about the "unique solution" and not being able to return to it makes me wonder if there's more to this than meets the eye. I'll need to carefully read through the details and consider different approaches before selecting an answer.
KA
Kattie
1 year ago
This is a tricky one. I'll need to sketch out the array structure on my scratch paper to visualize the output.
AN
Antonio
1 year ago
I'm pretty confident that option C is the way to go here. Creating a single VPC with a global load balancer is the most straightforward and cost-effective solution. The question specifically mentions minimizing cost and increasing efficiency, so that's the approach I'll take.
TI
Tien
1 year ago
This exam is driving me bananas! I'm just going to close my eyes and pick an answer. Maybe I'll end up with a fruit basket instead of a passing grade.
NO
Noah
1 year ago
D) Payment by an overseas company for services provided in the country
LU
Luis
1 year ago
B) Expenditure in the country by an overseas visitor
RO
Roy
1 year ago
A) Overseas investment by a domestic multinational company
GE
Gerald
1 year ago
Aha, I got this! The correct answer is A. Overseas investment by a domestic company would be a debit item on the current account.
JE
Jeannetta
1 year ago
Haha, this question is tripping me up. I'm going to have to go with D, just to be different from the other candidates. Who knows, maybe I'll get lucky!
GE
Gearldine
1 year ago
Hmm, I'm not sure about this one. Maybe C? Sending profits to the parent company sounds like it could be a debit item.
TA
Taryn
1 year ago
Thanks for the clarification. I understand now.
YU
Yuki
1 year ago
Yes, C is the correct answer. It would appear as a debit item on the balance of payments.
DE
Derick
1 year ago
I think C is correct. It represents an outflow of funds to another country.
HE
Herschel
1 year ago
D) Payment by an overseas company for services provided in the country
EV
Evangelina
1 year ago
C) A flow of company profits to the parent company based in another country
BR
Brynn
1 year ago
B) Expenditure in the country by an overseas visitor
RO
Rosenda
1 year ago
A) Overseas investment by a domestic multinational company
QU
Quentin
1 year ago
I think the correct answer is B. Expenditure by an overseas visitor would be a credit item on the current account, not a debit item.
CH
Chara
1 year ago
User 3: I agree with Chara. D is the correct answer.
JE
Jesus
1 year ago
User 2: Actually, the correct answer is D. Payment by an overseas company for services provided in the country is a debit item on the current account.
KA
Kati
1 year ago
User 1: I think the correct answer is B. Expenditure by an overseas visitor would be a credit item on the current account, not a debit item.
CO
Corinne
2 years ago
I'm not sure, but I think it could also be C, as flow of company profits to another country would also be a debit item.
FR
Franchesca
2 years ago
I agree with Antonio, because payment for services provided in the country would be a debit item.
AN
Antonio
2 years ago
I think the answer is D.