Question
For each of the following, identify in which part of the balance-of-payments account the transaction is recorded (current account, capital account, or net change in
For each of the following, identify in which part of the balance-of-payments account the transaction is recorded (current account, capital account, or net change in international reserves) and whether it is a receipt or a payment.
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A British subjects purchase of a share of Johnson & Johnson stock
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An American citizens purchase of an airline ticket from Air France
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The Swiss governments purchase of U.S. Treasury bills
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A Japanese citizens purchase of California oranges e. $50 million of foreign aid to Honduras
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A loan by an American bank to Mexico
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An American banks borrowing of Eurodollars
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