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Need help: If $1 is worth 0.70 euros, then 1 euro is worth: a. $7.43 b. $1.43 C. $7.00 d. $0.70 The balance of payment

Need help:

If $1 is worth 0.70 euros, then 1 euro is worth:

a. $7.43

b. $1.43

C. $7.00

d. $0.70

The balance of payment is:

A. The accounting of trade in financial assets

B. the accounting of trade in goods and capital

C. positive when a country has a trade deficit

D. negative when a country has a trade surplus

The type of good with the largest import in the U.S. is:

A. consumer goods

B. industrial goods

C. automobiles

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