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2. A. A Turkish firm pays $ 10000 dividends to foreign residents, who choose to hold dividends in the form of bank deposits in Turkey.

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2. A. A Turkish firm pays $ 10000 dividends to foreign residents, who choose to hold dividends in the form of bank deposits in Turkey. B. Turkish government sends $ 2000 million worth of food aid to Africa C. A tourist travels to Turkey and spends $5000. D. Turkey sold $15000 worth dress to France. E. Turkey bought $10000 worth watches from China. 2.1. Where would you record (which accounts) these transactions in the BOP of Turkey? Explain. (15 Points) 2.2. Calculate current account (10 points) 2.3. Did Turkey become a larger international creditor or debtor during this year? Prove it (10 points)

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