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Current Account Capital Account Balance of Payments Account A (+) B(-) State where the transactions below would go into the balance of payments account

Current Account Capital Account Balance of Payments Account A (+) B(-) State where the transactions below would go into the balance of payments account (Side A or B, current account or capital account): a. U.S. companies purchase $5 million in steel from Canada. b. Chinese citizens purchase $3 million in US bonds. c. U.S. companies sell $2 million in oranges to Ireland.

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