What is a nation's cash inflow (outflow) on its current account and its capital account given the following information? Was there a net currency inflow or outflow? 1. Bahari sells 50,000 printed t-shirts to Old Navy for $300 2. Pete sends $50 to her cousin in Chicago via Western Union 3. Julian Believe purchased stock in Believe Wine for $220 4. Patrick is paid $60 for his business consult with Delta Airlines 5. Instagram sends Shenique $40 in dividends to her BOB account 6. Kodak Programming sells software design to Mr. Photo for $20 7. Panther transferred Cable Beach Golf course for $180 to the PGA Tour Co. 8. General Motors off boards 5 assembly line robots to BPL for $500
What is a nation's cash inflow (outflow) on its current account and its capital account given the following information? Was there a net currency inflow or outflow? 1. Bahari sells 50,000 printed t-shirts to Old Navy for $300 2. Pete sends $50 to her cousin in Chicago via Western Union 3. Julian Believe purchased stock in Believe Wine for $220 4. Patrick is paid $60 for his business consult with Delta Airlines 5. Instagram sends Shenique $40 in dividends to her BOB account 6. Kodak Programming sells software design to Mr. Photo for $20 7. Panther transferred Cable Beach Golf course for $180 to the PGA Tour Co. 8. General Motors off boards 5 assembly line robots to BPL for $500
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
What is the solution and its workking?
![What is a nation's cash inflow (outflow) on its current account and its capital account given the following information? Was there a
net currency inflow or outflow?
1. Bahari sells 50,000 printed t-shirts to Old Navy for $300
2. Pete sends $50 to her cousin in Chicago via Western Union
3. Julian Believe purchased stock in Believe Wine for $220
4. Patrick is paid $60 for his business consult with Delta Airlines
5. Instagram sends Shenique $40 in dividends to her BOB account
6. Kodak Programming sells software design to Mr. Photo for $20
7. Panther transferred Cable Beach Golf course for $180 to the PGA
Tour Co.
8. General Motors off boards 5 assembly line robots to BPL for $500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9d1282c1-8c68-462d-9f98-98ae0716818d%2Fb352a534-a2ae-45d1-9fb9-a01ace612056%2Fpyqdf4f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What is a nation's cash inflow (outflow) on its current account and its capital account given the following information? Was there a
net currency inflow or outflow?
1. Bahari sells 50,000 printed t-shirts to Old Navy for $300
2. Pete sends $50 to her cousin in Chicago via Western Union
3. Julian Believe purchased stock in Believe Wine for $220
4. Patrick is paid $60 for his business consult with Delta Airlines
5. Instagram sends Shenique $40 in dividends to her BOB account
6. Kodak Programming sells software design to Mr. Photo for $20
7. Panther transferred Cable Beach Golf course for $180 to the PGA
Tour Co.
8. General Motors off boards 5 assembly line robots to BPL for $500
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education