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For the following transactions, indicate whether the transaction will be recorded in the current or capital account for the U.S. Indicate whether the transaction is
For the following transactions, indicate whether the transaction will be recorded in the current or capital account for the U.S. Indicate whether the transaction is positive or negative.
a. German resident buys a bond issued by the US Treasury Department.
b. American resident buys a vacation home in Mexico.
c. US manufacturing company buys parts from a company located in China.
d. A foreign student attends school in Missouri and pays out-of-state tuition fees to the university.
e. A Dutch resident buys a souvenir while vacationing in San Diego.
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