solution
solution.
How would each of the following transactions show up on the U.S balance of payments accounts?
1. The Chinese people living in the US send money back to their relatives on Chinese new years: $20 million.
2. Foreign students pay tuition fees for American universities 80 million USD.
3. An agricultural firm exports 70M$ to China
4. US sends IM$ of corn to Somalia charitable organization
5. A US company invests 300M$ to the system of machine in Germany
6. A US company is issuing bonds in London for the value of 40OM$
7. A US company pays dividends of 60M$ to its foreign clients
8. The U.S firms sell manufacturing equipment to developing countries $50 million.
1. The Chinese people living in the US send money back to their relatives on Chinese new years: $20 million.
2. Foreign students pay tuition fees for American universities 80 million USD.
3. An agricultural firm exports 70M$ to China
4. US sends IM$ of corn to Somalia charitable organization
5. A US company invests 300M$ to the system of machine in Germany
6. A US company is issuing bonds in London for the value of 40OM$
7. A US company pays dividends of 60M$ to its foreign clients
8. The U.S firms sell manufacturing equipment to developing countries $50 million.
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