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assume as a 10 mark question detail answer Explain how the following transactions will be recorded in Australia's BOP Accounts: An Australian supermarket chain imports

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assume as a 10 mark question detail answer

Explain how the following transactions will be recorded in Australia's BOP Accounts: An Australian supermarket chain imports tea from Srilanka. Payment is made in Australian dollar into the exporter's Jaccount in Frankfurt. ii. An Australian bank makes a 1 million dollar loan to a Swedish firm. The firm wants the proceeds to be credited to its dollar account with a London bank

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