Balance of Payments

For each transaction in the table, indicate the current account component, cash flow position, and type of entry on the balance-of-payments account. US Cash Flow Position Entry on US Balance-of- Payments Account Component Transaction Consumers in Japan purchase baseball jerseys from their favorite US baseball teams. The jerseys are produced in the United States. An American-based subsidiary remits earnings to the parent company in Canada. France provides funds to the United States as a gift to be used for the construction of a large monument. Consider the case of a foreign firm acquiring an American firm. This component of the financial account is known as For each transaction in the table, indicate the current account component, cash flow position, and type of entry on the balance-of-payments account. US Cash Flow Position Entry on US Balance-of- Payments Account Component Transaction Consumers in Japan purchase baseball jerseys from their favorite US baseball teams. The jerseys are produced in the United States. An American-based subsidiary remits earnings to the parent company in Canada. France provides funds to the United States as a gift to be used for the construction of a large monument. Consider the case of a foreign firm acquiring an American firm. This component of the financial account is known as