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Asked Mar 5, 2020
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Which of the following transactions represents a deficit in the current account of the U.S. balance of payments?A) The Moscow Capital Investment Corporation makes a loan to a U.S. firmB) A U.S. subsidiary exports raw materials to its French parent companyC) U.S. firms and individuals receive dividends on U.S. investments in Latin AmericaD) U.S. tourists in Great Britain purchase pounds sterlingE) Foreigners purchase U.S. securities

 

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