In the diagram, the outer arrows represent the payments that are counted in the current account, whereas the inner arrows represent the payments that are
In the diagram, the outer arrows represent the payments that are counted in the current account, whereas the inner arrows represent the payments that are counted in the financial account. Place the payments along the appropriate arrow. Current account Answer Bank A German purchase of Spanish mining company stock Financial account A Spanish company's purchase of an Irish IT company Rest of A Spanish company's purchase of Iranian Spain the world oil Financial account an Italian purchase of a hotel room for a vacation in Spain Current account a Spanish central bank's purchase of more foreign exchange reserves profits of a U.S. company operating in Spain interest on a Spanish bank's loan to a Greek company
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