In 2020, China has histed the following transactions transactions to below with foreign counties termined by USA). Asume te the only transactions during the year (1) Fresh Produce an exporting fum in China exported 51,000,000 worth of into a company called Healthy Foods in the USA. Puent is made by Health Foods with funds kept in a commercial bank in China (2) The government of China bought US treasury bills worth 55.000.000. It pays with funds it has in a New Yorkbank (3) A Chinese construction form imported high tensile steel worth $2,500,000 from a US firm. The Chinese firm pwys with tons insbank in USA (4) Li a Chinese resident received $250,000 dividends from an investment he made in South California, USA. This is deposited for him in his bank account in cm bank California branch a) From the perspective of China complete the BOP table by entering each transaction correctly and obtain the NetBalances for ALL Wccount. Im b) is China a net lender or borrower in relation to the foreign countries (represented by USA? Brietly explain 11 mark Paragraph B TEIE Credit Debt Net Balance Merchandise account Services Account income account Unilateral transfer Current Account offical assets private ainete Financial Account Totals Path Fresh Production pred 1.000.000 het comedy for 2) The government of Chesh 5.000.000 photos OS A Chinese construction marted on the two 200.000 from a usm The Chinese (4) Chinese rendent received 250.000 de roman investment he made in South Cho bank Cabiomis branch a) From the perspective of China complete the DOP table by entering each transaction correctly and obtain the Balcestor All b) is China a netlender or borrower in relation to the foreign countries represented by USA Briefly explain 11 marta Paragraph or In 2020. China has listed the following transactions (transactions 1 to 4 below) with foreign countries represented by USA), Assume these are the only transactions during the year (1) Fresh Produce an exporting firm in China exported 51,000,000 worth of rice to a company called Healthy Foods in the USA. Payment is made by Healm Foods with funds kept in a commercial bank in China, 2) The government of China bought US treasury bills worth $5,000,000. It pays with funds it has in a New York bank (3) A Chinese construction for imported high tensile steel worth $2.500.000 from a US firm. The Chinese firm pays with funds it bas in a bank in USA (Li, a Chinese resident, received $250.000 dividends from an investment he made in South California, USA. This is deposited for him in his bank account in C bank, California branch. a) From the perspective of China, complete the BOP table by entering each transaction correctly and obtain the Net Balances for ALL subaccounts. A marks b) is China a net fender or borrower in relation to the foreign countries (represented by USA)? Brielly explain (1 marks Paragraph Credit Debit) Net Balance Merchandise account Services Account ncome account Unilateral transfer Current Account Oficial assets Private set Path: Ned
