Question
Classify the following transactions into a sub-component of the Current Account or Capital and Financial Accounts of two countries involved: k. A food chain in
Classify the following transactions into a sub-component of the Current Account or Capital and Financial Accounts of two countries involved:
k. A food chain in Puerto Rico imports wine from Chile.
l. A resident of the United States buys a euro-denominated bond from a company established in Germany.
m. Colombian parents pay for their daughter's university studies at a university in the United States.
n. The English army buys food for its troops in South Asia from local (Asian) vendors.
o. A French tourist from the provinces pays for a hotel in Paris with his "American Express" card.
p. A group of Russian investors buy six buildings located in the Dominican Republic for the purpose of installing textile factories.
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