A balance of payments deficit would be widened by which of the following?
I Increased levels of U.S. imports
II Decreased sales of U.S. securities to foreign holders
III Decreased levels of foreign tourists visiting the United States
IV Decreased dividends paid to foreign holders of U.S. securities
Answer:
I Increased levels of U.S. imports
II Decreased sales of U.S. securities to foreign holders
III Decreased levels of foreign tourists visiting the United States