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How will the following transaction be recorded in the Balance of Payments? Brit - Disz, a London record store buys $ 2 0 , 0
How will the following transaction be recorded in the Balance of Payments?
BritDisz, a London record store buys $ of CDs by the Generic Gurls, a US pop group. In the US balance of payments, this transaction will be recorded as:
a A capital account credit
b A capital account debit
c A current account credit
dA current account debit
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