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Explain how each of the following transactions would enter the US balance of payments accounts. Discuss only the transactions described. Do not be concerned with

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Explain how each of the following transactions would enter the US balance of payments accounts. Discuss only the transactions described. Do not be concerned with possible offsetting transactions. 1. The US government imports vaccines from foreign governments. 2. A New Yorker deposits money to a Brazilian account. 3. A US company buys insurance from a Canadian insurance company to insure its oil rigs in the Gulf of Mexico

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