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Q3. d) How does each of the following transactions affect the Current Account balance or the Capital and Financial Account balance in Australia. (5

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Q3. d) How does each of the following transactions affect the Current Account balance or the Capital and Financial Account balance in Australia. (5 marks) Q3. d i) Australian exporter sells wheat to Asian countries. Q3. d ii) An Asian country purchases an Australian farm. Q3. d iii) Australia gives Fiji $10 M vaccinations. Q3. d iv) US purchases $10M Australian Government bonds. Q3. d v) Overseas interest payments to a foreign bank from an Australian company.

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