French Balance of Payments calculation FRANCE Balance of Payments Current Account Goods & Services Factor Income Unilateral transfers Subtotal Tranactions during 2016 1 French citizens send in remittances to family members abroad. 2 GM transfers from his French bank account to its U.K. account. 3 Foreign investors purchase Sanofi (French) stock. 4 Peugeot (French co.) builds a plant in South Carolina. 5 SocGen (French co.) pays dividends to foreign shareholders. 6 Danone (French Co.) builds a production facility in Brazil. Middle Eastern countries deposit crude oil profits in Paris-based accounts. 8 French consumers buy clothes made in China and India. 9 French retailers import toys made in the Philippines. 10 AEgyptian gas retailer purchases oil from Total SA (French co.). 11 French investors receive dividends from their holdings of Amazon.com stock. 12 The Bank of Argentina buys of French Treasury Bonds 13 French investor buys in yen-denominated bonds from Toyota. 14 French investors receive in interest from their Japanese bond holdings. 15 French investors buy shares of Tesla (U.S.). 16 The French Treasury pays interest to foreign lenders. 17 France sends unilateral aid to Haiti 18 South African companies buys insurance from AXA SA (French Co.). Amount 2,000,000 5,000,000 8,000,000 39,000,000 6,000,000 94,000,000 17,000,000 200,000,000 50,000,000 450,000,000 80,000,000 70,000,000 60,000,000 103,000,000 40,000,000 100,000,000 18,000,000 62,000,000 Financial Account Direct Investment Portfolio investments Other Investment Subtotal Instructions Given the following list of transactions for France, calculate the current account and capital account surplus/deficits)