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A US Firm Buys the Copyrights of Beatles Songs, Formerly Held

Question 62

Multiple Choice

A U.S. firm buys the copyrights of Beatles songs, formerly held by a British company. This transaction is recorded as:


A) negative in the U.S. current account.
B) positive in the U.S. capital account.
C) negative in the U.S. capital account.
D) positive in the U.S. current account.

Correct Answer:

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