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For each of the following, identify in which part of theEgyptian balance-of-payments account it appears(current account, capital account, or net change in international reserves) and
For each of the following, identify in which part of theEgyptian balance-of-payments account it appears(current account, capital account, or net change in international reserves) and whether it is a receipt or payment:
a.A $50 million gift from Saudi Arabia
b.An American's purchase of Oriental Weavers rugs.
c.Bank Misr borrowing from a bank in Switzerland.
d.A Swiss family decided to spend their vacation in Luxor & Aswan
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