Chapter 18, Problem 1.2PA

Sub-part

A

To determine

To Determine: the entry that will be recorded in balance of payments when a Hong Kong financier purchases some U.S corporate stock.

Sub-Part

B

To determine

To Determine: the entry that will be recorded in balance of payments when a U.S tourist in paris purchases some perfumes.

Sub-Part

C

To determine

To Determine: the entry that will be recorded in balance of payments when a Japanese company sells machinery to a pineapple company in Hawaii.

Sub-Part

D

To determine

To Determine: the entry that will be recorded in balance of payments when U.S framers gave food to the children in Ethiopia that were starving.

Sub-Part

E

To determine

To Determine: the entry that will be recorded in balance of payments when the U.S Treasury sells a bond to a Saudi Arabian prince.

Sub-Part

F

To determine

To Determine: the entry that will be recorded in balance of payments when a U.S tourist flies to France on Air France.

Sub-Part

G

To determine

To Determine: the entry that will be recorded in balance of payments when a U.S company sells insurance to a foreign firm.