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From the perspective of the UK s balance of payments: ( i ) when a US importer makes a payment for Scottish Haggis, how does

From the perspective of the UKs balance of payments: (i) when a US importer makes a payment for Scottish Haggis, how does this affect the supply/demand of pounds? Which account in the BoP is asso- ciated with this transaction? (ii) when an Australian subsidiary pays dividends to its UK parent company, how does this influence the supply/demand of pounds? Which account in the BoP is associated with this transaction?

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