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Please answer this question, thank you so much! 4. For each of the following transactions, show the two entries in the US balance of payments.

Please answer this question, thank you so much!

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4. For each of the following transactions, show the two entries in the US balance of payments. For each entry, indicate whether it appears in CA (the current account) orK (the nancial I capital account). Show if each entry is a debit (-) or a credit (+). For entries in K, choose the appropriate explanation from the following four possibilities: i) increase in US-owned assets abroad, ii) decrease in US-owned assets abroad, iii) increase in foreign-owned assets in the US, iv) decrease in foreign-owned assets in the US. A. (5 points) A US company buys a eet of cars from a German exporter and pays with a check drawn on a US bank. The German exporter has a dollar-denominated checking account with a US bank and deposits the US company's check in this account. B. (5 points) A French company sends a dividend check to an American shareholder. The check is denominated in euro and the shareholder deposits it in a French bank account

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