One consequence of a property distribution by a corporation to a shareholder is thatA.the holding period of the distributed prop
erty includes the holding period of the distributing corporation.B.the shareholder's basis in the distributed property is the same as the distributing corporation's basis.C.any liabilities assumed by the shareholder do not reduce the shareholder's basis.D.the amount of the distribution is increased by any liability assumed by the shareholder.
This is the exchange of goods and services across international borders - international/global trade typically represents a large portion of a country's GDP.
