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Chevrolet Motor Co. expands its operations by acquiring Hyundai Co. $21,000 Chinese manufacturers sell t-shirts to L.L. Bean 2,000 The Bill Gates Foundation contributes to UNICEF's anti-polio fund 80,000 A German car collector buys a Kentucky-made Corvette 50,000 Microsoft pays dividends to European stock holders 2,000 A Japanese student enrolls at Princeton and pays tuition 3,000 A U.S. mutual fund receives dividends from its European stock holdings 2,000 American Express Co. acquires the Banco de Lisboa 30,000 1. The balance of payments on goods and services is: A) $51,000 B) $48,000. C) $3,000. D) -$29,000. 2. The balance on current account is: A) $29,000 B) $22,000. C) -$8,000. D) -$29,000. 3. What additional capital inflows are needed to equilibrate the balance of payments? A) -$29,000 B) $20,000 C) $29,000 D) $80,000