A) (4 points) Describe and explain how the appreciation of a country's currency would affect this country's current account balance. B) (6 points) Indicate how these transactions would be recorded in the US balance of payments: a. A Japanese bank collects $1 million in interest payments on its holding of US government bonds. The $1 million is deposited in a bank account this bank holds in New York. b. The American government provides $15 million of military aid to an African country which uses these funds to buy US military equipment