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An American tourist purchases a leather jacket while in Italy. Which of the following statements is true ? Question content area bottom Part 1 A

An American tourist purchases a leather jacket while in Italy. Which of the following statements is true? Question content area bottom Part 1 A. The leather purchase is considered an import of a good, and thus, considered part of the balance of trade as well. B. This transaction would be properly accounted for in the Current Account of the U.S. BOP. C. The leather purchase would be considered an import for the U.S. BOP. D. All of these statements are true.

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