Which of the following is an item in the current account balance of the United States? The purchase of:

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Insurance in the United States by a foreign company is a service transaction and falls under the current account balance of the United States. The purchase of a U.S. company and a United States Treasury bond both fall under the capital account balance, while the purchase of stock in a foreign corporation by a U.S. company falls under the financial account balance.

Which of the Following Is an Item in the Current