Answer:
d. There would be a decrease in the current account and an increase in the capital account.
Explanation:
The balance of payment in accounting typically comprises of capital account and current account, it is used for the recording of business transactions between two countries. Capital accounts are used to record any trade between two countries relating to financial assets and liabilities.
The current account is used to record trades relating to import and export of goods and services in a country.
Hence, if the U.S. government cuts back on government spending and increases taxes in an effort to reduce the budget deficit. The effect of these changes on the U.S. balance of payments is that there would be a decrease in the current account because it has no effect on the value of assets and liabilities, thereby affecting the export and import of goods and services.
Also, there would be an increase in the capital account due to the fact that the government tends to borrow more and seeks foreign investors.
<span>to assign and punish the guilt state</span>
There is only one firm that dictates the price and supply levels of goods and services.
Answer: THEY ARE CONSIDERED IN THE UNITED STATES AS ILLEGAL AND UNETHICAL.
Explanation: The side payment for favorable business contracts in foreign countries made by International Turtle Trap Manufacturing Corporation is an ILLEGAL AND UNETHICAL ACT, which is punishable under the Constitution of the United States of America and most other developed countries of the world.
Side payments are payments made outside the recommended payments as stated or listed in the terms of agreement in order to subvert justice and Due process in the execution of tasks or contracts.
A true because its like being repeated
