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The U.S. exports corn to other nations. In the U.S. balance of payments account, this transaction would be entered as:

a) a payment from foreigners in the financial account.

b) a payment from foreigners in the current account.

c) a payment to foreigners in the current account.

d) a payment to foreigners in the financial account.

 

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M938418

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