Explain how each of the following transactions generates two entries—a credit and a debit—in the Japanese balance of payments accounts, and describe how each entry would be classified:

a. A Japanese investor buys a share of a stock company in Thailand, paying by writing a check on an account with a Singapore bank.

b. A Japanese investor buys a share of a Thai stock company, paying the seller with a check on a Japanese bank.

c. The Malaysian government carries out an official foreign exchange intervention in which it uses Yen held in a Japanese bank to buy ringgit (Malaysian currency)

from its citizens.

d. A tourist from Kyoto buys a meal at an expensive restaurant in Bangkok, paying with a traveler’s check.

e. A saké brewery in Kobe contributes a case of saké bottles for a Paris wine tasting event.

f. A Japanese-owned factory in Germany uses local earnings to buy additional machinery.