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A USTourist Travels to Italy and Spends $900 During the Trip

Question 19

Multiple Choice

A U.S.tourist travels to Italy and spends $900 during the trip.How is this activity recorded in the U.S.current account?


A) Credit unilateral transfers for $900
B) Debit unilateral transfers for $900
C) Credit merchandise for $900
D) Debit services for $900
E) Credit services for $900

Correct Answer:

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