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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
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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