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Which account this transaction will fall under in the United States Balance of Payments?A U.S. university (University of Pittsburg) gives a tuition grant of $1
- Which account this transaction will fall under in the United States Balance of Payments?A U.S. university (University of Pittsburg) gives a tuition grant of $1 million to a few select foreign students.
Current Account
Capital Account
Financial Account
Errors and Omissions
Reserves
None of the above
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
