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For each of the following, identify in which part of the balance of payments account it appears (current account, capital account, or net change in

For each of the following, identify in which part of the balance of payments account it appears (current account, capital account, or net change in international reserves) and whether it is a receipt or a payment: I. An American's purchase of an airline ticket from Air France II. A British subjects purchase of a share of Johnson & Johnson III. The Swiss government's purchase of U.S. Treasury Bill IV. A Japanese's purchase of California oranges V. $50 million of foreign aid to Honduras VI. A loan by an American bank to Mexico VII. An American bank's borrowing of Eurodollars

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