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International Transactions 1. U.S. resident buys a Chinese camera $300 2. U.S. resident buys stock in a Chinese company 20,000 3. U.S. resident purchases insurance
International Transactions 1. U.S. resident buys a Chinese camera $300 2. U.S. resident buys stock in a Chinese company 20,000 3. U.S. resident purchases insurance from a Chinese company 1,500 4. U.S. resident sends a present to someone in China 200 5. Chinese buys a U.S. car 30,000 6. Chinese family goes to Disney World 2,000 Based on the transactions in the above table, what is the change in the U.S. current account balance? O A. $31,000 O B. - $32,500 O C. - $32,700 O D. $30,000
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