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2. Accounting for trade in goods and services Suppose the following transactions occur during the current year: 1. Bob orders 60 cases of beer from

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2. Accounting for trade in goods and services Suppose the following transactions occur during the current year: 1. Bob orders 60 cases of beer from a Dutch distributor at a price of $40 per case. 2. A U.S. company sells 300 axles to a Spanish company at $15.00 per axle. 3. Eric, a U.S. citizen, pays $1,500 for a computer he orders from Honeycrisp (a U.S. company). Complete the following table by indicating how the combined e'ects of these transactions will be reflected in the U.S. national accounts for the current year. Hint: Be sure to enter a \"0" if none of the transactions listed are included in a given category and to enter a minus sign when the balance is negative. Amount (Dollars) Consumption Investment Government Purchases Imports Exports Net Exports Gross Domestic Product (GDP)

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