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Consider the following events: Overseas telecommunication companies are paying $400,000 to US filmmakers for broadcasting TV shows. Morgan Stanley bought US Treasury Bills worth $1
Consider the following events:
- Overseas telecommunication companies are paying $400,000 to US filmmakers for broadcasting TV shows.
- Morgan Stanley bought US Treasury Bills worth $1 Billion.
- A Canadian liquor store LCBO sold ice vine worth $100,000, $30,000 of which was sold to US customers.
- A US telecom company bought patents from Nokia (Finland) for $1 million.
- Wells Fargo received $500,000 in dividends from overseas holdings.
- US Government contributed $100,000 to the BIRD foundation sponsoring research at Tel Aviv University.
- A senior residing in New York moved to the Orange County and brought the retirement savings worth $700,000.
- Crdit Agricole, a major French bank, purchased shares of a US-based pharmaceutical company for $800,000
What is the net of the capital account?
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