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Attempts Keep the Highest 1 2. Accounting for trade in goods and services Suppose the following transactions occur during the current year: 1. Manuel orders

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Attempts Keep the Highest 1 2. Accounting for trade in goods and services Suppose the following transactions occur during the current year: 1. Manuel orders 40 bottles of wine from a French distributor at a price of $30 per bottle. 2. A U.S. company seils 200 spark plugs to a Korean company at 55.00 per spark plug 3. Shen, U.S. etiren, pays 3670 for a surfboard he orders from Greatwaves (a U.S.company). Complete the following table by indicating how the combined effects of these transactions will be reflected in the U., naniona accounts for the current year. Hint: Be sure to enter a "o it none of the transactions listed are included in a given category and to enter a minus sign when the balance is negative. Amount Complete the following table by indicating how the combined effects of these transactions will be reflected in the U.S. national accounts for the curren year. Hint: Be sure to enter a *o" it none of the transactions listed are included in a given category and to enter a minus sign when the balance is negative Amount (Dollars) Consumption Investment Government Purchases Imports Exports Net Exports Gross Domestic Product (GDP) Grade It Now Save & Continue

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