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Suppose that a U.S. firm buys 13 Toyota autos for $36,000 each. How is this transaction recorded in the balance-of-payments accounts for the United States?
Suppose that a U.S. firm buys
13
Toyota
autos for
$36,000
each. How is this transaction recorded in the balance-of-payments accounts for the United States?
The purchase of the
13
Toyota
autos would be recorded in the
financial
current
account as a
$nothing
payment to
foreigners
domestic residents
, which is recorded as a
negative
positive
number.
(Enter
your response as an
integer.
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