1.1. Which of the balance of payments accounts do the following events affect? a. Boeing, a U.S.-based...

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1.1. Which of the balance of payments accounts do the following events affect?

a. Boeing, a U.S.-based company, sells a newly built airplane to China.

b. Chinese investors buy stock in Boeing from Americans.

c. A Chinese company buys a used airplane from American Airlines and ships it to China.

d. A Chinese investor who owns property in the United States buys a corporate jet, which he will keep in the United States so he can travel around America.

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Economics

ISBN: 978-0716771586

2nd Edition

Authors: Paul Krugman ,Robin Wells

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