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Unformatted text preview: [ of a service; Mick Jagger is not a US resident] f. CNN pays Al-Jazeera for a video feed of events in Iraq; Import [of a service; Al-Jazeera is based in Qatar, not the US] g. The US Government contracts with a Kuwaiti firm to transport water and food into Iraq; Import [of a service; paying a foreign company for transport services] h. An FSU faculty member buys a ticket on Malaysian Airlines to visit Dhaka; Import [of a service; paying a foreign company for transport services] i. The US Government ships MRE’s to Kuwait to feed prisoners of war. Export [the MRE’s are made in the US, and being shipped abroad]....
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This note was uploaded on 05/22/2011 for the course ECO 2013 taught by Professor Denslow during the Spring '05 term at University of Florida.
- Spring '05