Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ring 2021 the following were the only autonomous transactions that took place between the U.S. and the rest of the world. Americans bought $45m worth

image text in transcribed
ring 2021 the following were the only autonomous transactions that took place between the U.S. and the rest of the world. Americans bought $45m worth of Kuwaiti oil. 2. The Russians bought $35m worth of U.S. beef. 3. Americans invested $25m in British common stocks. 4. An American bought a factory in Japan for $55m 5. The U.S. gave Egypt $20m in foreign aid. 6. A Japanese investor bought a hotel in Hawaii for $60m. 7. American banks paid $15m in interest to German investors. 8. S. residents gave $5m in gifts to their relatives in Mexico. 9. A French firm bought $32m worth of US Commercial Paper. 10. Americans invested $30m in dapanese Certificates of Deposit. 11. The Germans bought $30m worth of US wheat. 12. US investors received $12m in dividend income from Canada. 13. European visitors spent $22m visiting Ortando Theme Parks. 14. Japanese investors bought $18m worth of U.S. Treasury Bonds. 15. Prudential Insurance USA paid $14m for reinsurnce to Uoyds of London. 16. Dell USA sold $12m worth of computers to Mexico. 17. American investors bought $20m worth of French T-8iks: Use the above information to answer the following question: What was the Basic Balance for the U. in 2021 ? 570m siows None of the ansmens is corred

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Business Of Personal Finance

Authors: Joseph Calandro Jr, John Hoffmire

1st Edition

1032104562, 978-1032104560

More Books

Students also viewed these Finance questions

Question

Evaluate 3x - x for x = -2 Answer:

Answered: 1 week ago