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Which of the following occurs during the loosening phase of an international transfer but not during a domestic transfer?
Accounting Equation
The fundamental equation that represents the relationship between assets, liabilities, and owner's equity (Assets = Liabilities + Owner's Equity).
Owner's Equity
The residual interest in the assets of a company after deducting its liabilities; also known as shareholders' equity.
Liabilities
Financial obligations owed by a business to others, such as loans, accounts payable, and mortgages.
Total Assets
The sum of all current and non-current assets owned by a company, reflecting its overall value.
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