Question
1. For each item below say (a) what the category in the BOP it falls under (i.e., export, FDI, unilateral transfer, etc.); (b) what account
1. For each item below say (a) what the category in the BOP it falls under (i.e., export, FDI, unilateral transfer, etc.); (b) what account it goes in (CA, FA or OR); (c) whether it is a debit (-) or a credit (+) item. All for the US BOP. US hospitals purchase ventilators manufactured in Canada. Microsoft sends its European profits to its headquarters in the US. Japanese firm Toyota builds a factory in California. Swiss bank UBS buys shares on the New York Stock Exchange. US provides military aid to Brazil. The central bank of South Korea invests its dollar holdings in US Treasury securities.
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