'3. For each of the following, identify in which parr of the balance-of-payments account it appears (Cur-...
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'3. For each of the following, identify in which parr of the balance-of-payments account it appears (Cur-
rent account, capital account. or method of financ-
ing) and whether it is a receipt or a payment,
a. A British subjectS purchase ot a share of John-
son & Johnson stock
b. An Americans purchase Of an airline ticket front Air France
c. The Swiss government's purchase Of U.S.
Sury bills
d. A Japanese's purchase Of California oranges
e. S50 millim of foreign aid to Honduras r. A loan by an American bank to Mexico
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Related Book For
Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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