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Suppose Lufthansa buys $400 million worth of Boeing jets in 2010 and is financed by the U.S. Eximbank with a five-year loan that has no
Suppose Lufthansa buys $400 million worth of Boeing jets in 2010 and is financed by the U.S. Eximbank with
a five-year loan that has no principal or interest payments due until 2011. What is the net impact of this sale on
the U.S. current account, capital account, and overall balance of payments for 2010?
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