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Tilapia Pro Shops, a Louisiana-based fishing equipment firm, acquires a noncontrolling share (8%) of Cod & Chips, Inc, a British food processing firm, for $15

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Tilapia Pro Shops, a Louisiana-based fishing equipment firm, acquires a noncontrolling share (8%) of Cod & Chips, Inc, a British food processing firm, for $15 million dollars. In what category will this transaction be recorded in the balance of payments statement for the United States? The "merchandise trade" part of the current account section. The "factor income" part of the current account section. The "direct investment" part of the financial account section. The "portfolio investment" part of the financial account

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