Suppose an American family from New York City eats in a restaurant in Mexico City. 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 plus item.
D) It is recorded in the current account as a negative item.
Correct Answer:
Verified
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