Suppose a Peruvian financial investor purchases a sporting goods store in Colorado Springs, Colorado.How will this transaction be recorded in U.S.international transactions?
A) It is recorded in the current account as a positive (plus) item.
B) It is recorded in the current account as a negative (minus) item.
C) It is recorded in the capital account as a positive item.
D) It is recorded in the current account as a negative item.
Correct Answer:
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