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A Purchase of Foreign Goods Within the U

Question 83

Multiple Choice

A purchase of foreign goods within the U.S.will be recorded in the BOP as


A) an asset in the current account.
B) a debit in the current account.
C) because the purchase is made in the U.S.,it will have no record in the BOP.
D) a liability in the foreign transfer account.

Correct Answer:

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