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How will the following transactions be recorded in the U.S. BOP accounts? 1 A US entrepreneur seeking to sell souvenirs at the 2012 summer Olympics
How will the following transactions be recorded in the U.S. BOP accounts? 1 A US entrepreneur seeking to sell souvenirs at the 2012 summer Olympics in London pays British Airways a U.K. carrier, $1,500 for a Los Angeles - London round-trip ticket. 3 US entrepreneur instead pays United Airlines (an American airline) $1,500 for a Los Angeles - London round-trip ticket. 4 Ford Motor Company (US) pays $2.5 billion for all the common stock of the Jaguar Motor Co. (U.K.). 5 The US government gives Rwanda $500 million worth of food to feed starving refugees. How can capital outflows occur as debits in the BOP accounting system? How can capital inflows occur as credits in the BOP accounting system? How would you record earnings of a Pakistani-bom resident of Kuwait that are sent homo to relatives in the balance of payments? What is the difference between a country's export of services and its imports of services
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