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| During the most recent quarter, a steel company in South Korea had the following transactions • Bought iron ore from Australia for AUD 50 million. • Sold finished steel to the United States for USD 65 million. • Borrowed AUD 50 million from a bank in Sydney. • Received a USD 10 million dividend from U.S. subsidiary. • Paid KRW 550 million to a Korean shipping company. Which of the following would be reflected in South Korea's current account balance for the quarter? A. The loan. B. The shipping. C. The dividend. |