If George purchases shoes from a Japanese firm for $100, and pays for them by borrowing $100 on his Japanese credit card, the two accounts that are affected are:
A) imports of goods with a minus (debit) and exports of goods with a plus (credit) .
B) imports of goods with a minus (debit) and exports of financial assets with a plus (credit) .
C) exports of goods with a minus (debit) and imports of financial assets with a plus (credit) .
D) exports of goods with a plus (credit) and imports of financial assets with a minus (debit) .
Correct Answer:
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