Which transaction represents a debit in the current account section of the U.S. balance of payments?
A) The Arab Capital Investment Corporation makes a loan to a U.S. firm.
B) A U.S. subsidiary exports raw materials to the Canadian parent company.
C) U.S. tourists in Great Britain purchase pounds with dollars in order to buy souvenirs.
D) U.S. firms and individuals receive dividends from their investments in Latin America.
Correct Answer:
Verified
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