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2. Explain how each of the following transactions generate two entries (a credit and a debit) in the Japanese balance of payments accounts, and

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2. Explain how each of the following transactions generate two entries (a credit and a debit) in the Japanese balance of payments accounts, and describe how each entry would be classified: (a) a Japanese buys a car from Germany with cash. (b) a Japanese investor buys a Korean stock with cash. (c) a German trades a mug of beer for a glass of sake from a Japanese.

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