The Balance of Payments (BOP) measures all international transactions between two countries. The chart below shows six different transactions between the US and China.

United States	China
Purchased $800 of goods and services Sent $100 of humanitarian aid Americans spent $200 in Chinese stock market American tourists spend $1000 in china.	Chinese tourists spend $1000 in the US Purchased $300 of goods and services Chinese purchased a $600 business in the US Chinese government purchased US bonds

Assume China experiences significant inflation compared to the US. In general, explain what would likely happen to the current accounts for each country and the value of each country's currency.