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Classify the following as a transaction reported in a sub-component of the current account or the capital accounts of the two countries involved (make sure to mention whether the entry is a credit entry or a debit entry):
a. A U.S. Food chain imports rice from India. b. A U.S. Investor purchases a bond from an Italian company. c. Indonesian parents pay for their son to study at a U.K. University. d. A U.K. University gives a tuition grant to a foreign student from China.
Sagot :
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