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Title: Which of the following statements is TRUE about the role of gifts given to U.S. citizens from ... Post by: Ingy_ on Mar 2, 2019 Which of the following statements is TRUE about the role of gifts given to U.S. citizens from foreign residents?
• Gifts are only included in the balance of payments if the gift is given to a government official. • Gifts given to U.S. citizens are not included in the balance of payments but gifts given to foreigners are included. • Gifts are included in the balance of payments. • Gifts are not included in the balance of payments because of the nature of the gift. Title: Which of the following statements is TRUE about the role of gifts given to U.S. citizens from ... Post by: cooldawg69 on Mar 2, 2019 Content hidden
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