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BUSI2003 Unit 10 Exercise Topic: Balance of Payments and Foreign Exchange Markets Please write down one example of a cross-border transaction (for example, A foreign

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BUSI2003 Unit 10 Exercise Topic: Balance of Payments and Foreign Exchange Markets Please write down one example of a cross-border transaction (for example, "A foreign investor purchased a house in Ontario, Canada"). Explain how that transaction should be recorded (in which account) in the Canadian Balance of Payments and explain how it could affect the Canadian dollar rate against the foreign currency and the Canadian exports and imports

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