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2. Accounting for trade in goods and services Suppose the following transactions occur during the current year: 1. Clancy orders 50 bottles of wine from

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2. Accounting for trade in goods and services Suppose the following transactions occur during the current year: 1. Clancy orders 50 bottles of wine from a French distributor at a price of $30 per bottle. 2. A U.S. company sells 200 spark plugs to a Korean company at $5.00 per spark plug. 3. Hubert, a U.S. citizen, pays $1,100 for a computer he orders from Dellosoft (a U.S. company). Complete the following table by indicating how the combined effects ofthese transactions will be reflected in the U.S. national accounts for the current 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

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