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It's International Finance, please give detailed answer 4. Balance of Payments Accounting (10 points) If a Chinese citizen import a textbook from U.S. for $100

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It's International Finance, please give detailed answer

4. Balance of Payments Accounting (10 points) If a Chinese citizen import a textbook from U.S. for $100 and the book seller deposits the payment in a Chinese bank, from the China point of view, what is the effect on China's Current Account and Financial Account in Balance of Payment Accounting

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