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Show how the following transactions should be recorded in the U.S. balance of payments using a double-entry accounting system: A) Newmont Mininga U.S. mining concernexports
Show how the following transactions should be recorded in the U.S. balance of payments using a double-entry accounting system:
A) Newmont Mininga U.S. mining concernexports $400 million worth of copper to China and is paid in the form of a payment drawn on a U.S. bank.
B) Dupont expands its plastics manufacturing capacity in its Polish plant by investing $250 million financed by a dollar bond issue in London (United Kingdom
C) The U.S. government provides food assistance to Sudanese refugees in the amount of $25 million worth of flour.
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