Balance of payments
8. (Balance of Payments) Explain
where in the U.S. balance of payments an entry would be made for each of the
following:
a. A
Hong Kong financier buys some U.S. corporate stock.
b. A
U.S. tourist in Paris buys some perfume to take home.
c. A
Japanese company sells machinery to a pineapple company in Hawaii.
d. U.S.
farmers make a gift of food to starving children in Ethiopia.
e. The
U.S. Treasury sells a bond to a Saudi Arabian prince.
f. A
U.S. tourist flies to France on Air France.
g. A
U.S. company sells insurance to a foreign firm.
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