Question
Explore the types of transactions and classify the following transactions into a sub-component of the Current or Capital Accounts: i. Financial Transaction of two countries
Explore the types of transactions and classify the following transactions into a sub-component of the Current or Capital Accounts:
i. Financial Transaction of two countries involved. ii. A food chain in the Dominican Republic imports wine from Chile. iii. A US resident buys a euro-denominated bond from a company based in Germany. iv. Colombian parents pay for their daughter's university studies at a university in the United States. v. A French tourist from the provinces pays for a hotel in Paris with his "American Express. vi. A group of Russian investors buy six buildings located in the Dominican Republic for the purpose of setting up textile factories.
Include references
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