7. For each of the following transactions, explain how it affect the USA NX and NCO? a. A Chinese Citizen purchases $ 200 NBA Jersey
7. For each of the following transactions, explain how it affect the USA NX and NCO? a. A Chinese Citizen purchases $ 200 NBA Jersey from the USA. b. Bill Gates purchases $1 million worth of Tencent (a Chinese firm). Then Tencent use this $1 million to purchases equipment from Microsoft
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