Question
c. Show how each of the following transactions would affect Mexico's balance of payments. Indicate in each case, whether it is credits or debits and
c. Show how each of the following transactions would affect Mexico's balance of payments. Indicate in each case, whether it is credits or debits and identify the specific accounts affected.
a) A Mexican company buys 5 hard drives for $900 from a Taiwanese company, paying with funds from a Taiwanese bank. b) Government aid from the International Monetary Fund with the aim of promoting Mexican entrepreneurship for a value of 11 million dollars. c) Importation of gold for 80,000 dollars d) Purchase of Swap or financial swap for 2 million. e) Sale of shares to Indonesian companies for the value of 8 million, which in percentage terms represent 6% of the companies
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